Economic freedom reform: does culture matter?

Moellman, Nicholas; Tarabar, Danko

doi:10.1017/s1744137421000217

Cited by 6 publications

(8 citation statements)

References 44 publications

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“…Thus, these societies tend to be more democratic. Moreover, Moellman and Tarabar (2022) find that a sense of individualism strengthens the effectiveness of democracy. This is in comparison to in-group favoritism, inherent to collectivist societies, which tends to engender corruption, nepotism and clientelism in the public sphere (Kyriacou, 2016).…”

Section: Discussionmentioning

confidence: 96%

The role of culture and government adaptability in determining countries‘ economic performance

Shostya,

Banai,

Saenz-Molina

2023

Economics &Amp; Sociology

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This study is an addition to the body of research about the relationship between culture, governance, and national economic performance. Specifically, it focuses on the mediating role of government in the relationship between national culture and Gross Domestic Product growth. We utilize the GLOBE study’s eight cultural dimensions and the World Economic Forum’s Government Adaptability Index to conduct a cross-sectional analysis in fifty-seven countries. Our results indicate that institutionally collectivist and future oriented societies are more likely to have governments that are adaptable to economic and technological changes and, thus, have a greater capacity to stimulate the output per capita growth. Additionally, the results suggest that cultural dimensions are related to each other, and these relationships may improve national economic performance. The findings provide valuable insights into policy decision-making and leadership.

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Section: Discussionmentioning

confidence: 96%

The role of culture and government adaptability in determining countries‘ economic performance

Shostya,

Banai,

Saenz-Molina

2023

Economics &Amp; Sociology

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“…Therefore, policymakers should give importance to intellectual property rights to increase total factor productivity and promote active economic convergence between regions, regardless of their heterogeneity [43,44]. This is how the positive relationship of the quality of institutions that help mitigate underdevelopment, inciting economic complexity and that are contrary to traditional practices without adequate governance has been studied [45][46][47]. The performance of institutions in economic development depends on their ability to enforce property rights and offer opportunities to large sectors of society [48].…”

Section: Do Not Removementioning

confidence: 99%

Novel Liberalism Coefficient to Improve Human Freedom Development in the World

Santos¹,

Santos²,

Rodríguez³

2023

Proceedings of the 21th LACCEI International Multi-Conference for Engineering, Education and Technology (LACCEI 2023): “Leaders

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The new concept to measure human freedom examines the relationship of the Coefficient of Liberalism (L); and, the variables grouped in three dimensions: the forces of modern markets, private property; and, Institutionality. The analyzed population corresponded to 116 countries. 158 variables were collected per country for 10 years. For the analysis, information from The Global Competitiveness Index Historical Dataset © 2008-2018 of the World Economic Forum was used, with which an Xnxl Database was used with index and coefficient values, country codes, global id, identified series and treatments (Income groups, Regions and Forum classification). The hypothesis test, linear regression analysis, ANOVA, PCA, univariate variance and eta-square were used as statistics. The L Coefficient has a statistically significant positive correlation with the Global Competitiveness Index (R 2 =0,82; F(1,114) = 516,61; Sig.=,000)); and, it served to evaluate the three treatments analyzed. The means of the income groups differ significantly, F(1,112) = 5,68, p < ,001, η2 = 0,14 for the dependent variable of the Coefficient of Liberalism (L). In addition, the means of the Regions differ significantly, F

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“…Sustainable development affects the process of social harmonization, as it is oriented to overcome human activity in disharmony with nature. In this regard, research in the field of "green economy" [16][17][18], ecological culture [19][20][21] and economic culture [22][23][24], and rational consumption of resources [25][26][27] are of particular importance.…”

Section: Literature Reviewmentioning

confidence: 99%

Industrial-Innovative Paradigm of Social Sustainability: Modeling the Assessment of Demoethical, Demographic, Democratic, and Demoeconomic Factors

Zhanbayev

Irfan

2022

Sustainability

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The article presents an analysis of tools for influencing the sustainable development of regions, considering their industry specifics, as well as ways to influence socioeconomic growth. The purpose of the article is to model the assessment of demoetic, demographic, democratic, and demoeconomical factors as the basis of the industrial and innovative paradigm of social sustainability. Achieving sustainability is possible only along the vector of harmony through the systemic combination 4D = “D + 3D”, namely, demoethics and demography, democracy, demoeconomy. Analysis of the existing processes of development and harmonization of society is implemented in the example of Kazakhstan. Research methods include integral analysis for ranking regions and correlation and regression modeling to assess the impact of factors on the process of sustainable development of society in a particular territory. The article hypothesizes that the creation of conditions for the development of the main regional industry will stimulate its sustainable and harmonious socioeconomic growth and provide the necessary level for the process of social harmonization. The findings show that the proposed approach made it possible to identify harmonious and disharmonious factors in the development of the region and to identify tools for influencing the process of sustainable development of society to increase the level of harmonious socioeconomic development of a particular region.

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Economic freedom reform: does culture matter?

Cited by 6 publications

References 44 publications

The role of culture and government adaptability in determining countries‘ economic performance

The role of culture and government adaptability in determining countries‘ economic performance

Novel Liberalism Coefficient to Improve Human Freedom Development in the World

Industrial-Innovative Paradigm of Social Sustainability: Modeling the Assessment of Demoethical, Demographic, Democratic, and Demoeconomic Factors

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