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2017 | 10 | nr 4 | 109--118
Tytuł artykułu

Liberal Reforms & Economic Growth : Current Issues and Interrelations

Treść / Zawartość
Warianty tytułu
Języki publikacji
EN
Abstrakty
EN
Economic liberalization in today's conditions is not so much an effective tool of national economy stimulation but is rather a precondition for its connection to the world markets and global economic space overall. The paper investigates economic effectiveness of liberalization that is determined by a variety of conditions and features in its implementation. Basing on the analysis of correlation between economic liberalization dynamics and macroeconomic indicators of the selected countries of the world, the magnitude of liberal reforms' stimulating effect in the early 21st century is estimated, and theoretical conclusions regarding liberal economic reforms potential in our time are offered along with the recommendations on strategic priorities and tactical tools to improve national business environment and increase global economic attractiveness. (original abstract)
Rocznik
Tom
10
Numer
Strony
109--118
Opis fizyczny
Twórcy
  • Vietnam National University of Forestry, Southern Campus, Ho Chi Minh city, Vietnam
autor
  • Van Hien University, Ho Chi Minh city, Vietnam
  • International College Suan Sunandha Rajabhat University, Bangkok, Thailand
Bibliografia
  • Amaira, B. (2016). Financial liberalization and economic growth: Evidence from Tunisia. Theoretical & Applied Economics, 23(4), 243-262.
  • Buehler, S., Helm, M., & Lechner, M. (2011). Trade liberalization and growth: Plant-level evidence from Switzerland.Economics Working Paper Series, 1133.
  • Bumann, S., Hermes, N., & Lensink, R. (2013). Financial liberalization and economic growth: A meta-analysis. Journal of International Money and Finance, 33, 255-281.
  • Chanda, A. (2005). The influence of capital controls on long run growth: Where and how much?. Journal of Development Economics, 77(2), 441-466.
  • CIA World Factbook. (2015). Country Comparison: Birth Rate.
  • Cristescu, L. (2009). The Effect of Capital Market Liberalization in Eastern Europe: Economic Growth or Financial Crisis (No. 30). Bucharest University of Economics, Center for Advanced Research in Finance and Banking-CARFIB.
  • Dinopoulos, E., & Lane, T. D. (1992). Market liberalization policies in a reforming socialist economy. Staff Papers, 39(3), 465-494.
  • Edison, H. J., Klein, M. W., Ricci, L. A., & Sløk, T. (2004). Capital account liberalization and economic performance: Survey and synthesis. IMF Staff Papers, 51(2), 220-256.
  • Fidrmuc, J., & Kostagianni, S. (2015). Impact of Imf Assistance on Economic Growth Revisited. Economics & Sociology, 8(3), 32-40.
  • Fitzová, H., & Zídek, L. (2015). Impact of trade on economic growth in the Czech and Slovak Republics. Economics & Sociology, 8(2), 36-50.
  • Fligstein, N. (1996). Markets as politics: A political-cultural approach to market institutions. American sociological review, 61, 656-673. doi:10.2307/2096398.
  • Francois, J. F., & Schuknecht, L. (1999). Trade in financial services: Procompetitive effects and growth performance (No. 99-028/2). Tinbergen Institute Discussion Paper.
  • French-Davis, R. (2014). Trade Liberalization Strategies and Growth. Reforming Latin America's Economies, 87-114.
  • Friedman, M. (1968). The role of monetary policy. The American Economic Review, 58(1), 1-17.
  • Keynes, J. (1936). The General Theory of Employment, Interest and Money. London: Macmillan (reprinted 2007).
  • Lewa, P. (2006). Market Liberalization in Emerging Economies: Changing Business Practices. Business Practices in Emerging and Re-Emerging Markets, pp 17-42.
  • Mickiewicz, T. (2009). Political Economy of Reforms. Economics of Institutional Change. Part of the series. Studies in Economic Transition, 53-75
  • Naranpanawa, A., & Arora, R. (2014). Does trade liberalization promote regional disparities? Evidence from a multiregional CGE model of India. World Development, 64, 339-349.
  • Shou, H. (2015). Liberalization and Reregulation in a Globalized Economy. Fudan Journal of the Humanities and Social Sciences, 8(2), 319-324.
  • Stigler, G. (1971). The theory of regulation. Bell J Econ Manag Sci, 2, 3-21.
  • Tornell, A., Westermann, F., & Martinez, L. (2004). The positive link between financial liberalization, growth and crises (No. w10293). National Bureau of Economic Research.
Typ dokumentu
Bibliografia
Identyfikatory
Identyfikator YADDA
bwmeta1.element.ekon-element-000171493150

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