The Effects of Liberalization Policies on Economic Development in Developing Countries Cover Image

Gelişmekte Olan Ülkelerde Serbestleştirici Politikaların Ekonomik Kalkınma Üzerindeki Etkileri
The Effects of Liberalization Policies on Economic Development in Developing Countries

Author(s): Banu TANRIÖVER, Z. Eray ESER
Subject(s): Supranational / Global Economy, Economic policy, Developing nations, Evaluation research, Economic development, Socio-Economic Research
Published by: Ahmet Arif Eren
Keywords: Economic Freedom; Human Development; Fiscal Feedom Index; Monetary Feedom Index And Trade Freedom Indexes; Panel Data Analysis;

Summary/Abstract: Globalisation wave was started from developed countries, for this aim the releasing policies implemented by developing countries. The releasing economic policies are generally named as economic freedom and recommended to developing countries. The purpose of this study is to reveal the effects of the releasing policies which are the recommended solutions to developing countries, on development. For this goal, the effects of fiscal freedom index, monetary freedom index and trade freedom index on human development index is analyzed with panel data method. Countries are chosen from South east Asian countries and Latin American countries. In the study 2002-2013 period was available to eliminate the effects of 1998 Asian crisis. The result of this study is, fiscal freedom, monetary freedom and government spending has no cointegtration with human development but trade freedom has a negative directional cointegtration with human development.

  • Issue Year: 2/2018
  • Issue No: 1
  • Page Range: 48-76
  • Page Count: 29
  • Language: Turkish