Content

Freedom and Prosperity Around the World

Feb 26, 2024

China must spread its wealth to reach equality

By Johanna Kao

Despite phenomenal growth in GDP, Chinese people have seen only modest gains (if any) across a range of freedom and prosperity indices. The Chinese Communist Party has failed to share the benefits of the country’s upward economic trajectory equally among its citizens.

China Civil Society

Freedom and Prosperity Around the World

Feb 26, 2024

Climate crisis fuels change in MENA region

By Rabah Arezki

The region faces economic and political transitions amid geopolitical risks, climate change, and energy market shifts. Escalating conflicts are exacerbating instability. Climate change poses existential threats, intensifying water crises and domestic tensions. Socioeconomic transformation will be vital to meet youth aspirations and tackle polarization.

Climate Change & Climate Action Economy & Business

Freedom and Prosperity Around the World

Feb 26, 2024

EU’s future prosperity will be marked by war in Ukraine

By Simeon Djankov

The EU’s freedom and prosperity dynamics will be marked by the war in Ukraine. The indexes provoke philosophical reflection: Is Europe's prosperity dwindling due to an extensive social safety net? Is the strength of European integration declining with new members, while the strength of EU federalism diminishes?

Europe & Eurasia European Union

Freedom and Prosperity Around the World

Feb 26, 2024

Sub-Saharan Africa grapples with development imperatives

By William Easterly

Sub-Saharan Africa confronts urgent development challenges, including the imperative for democratization and institution building, amid critical security concerns. With declining foreign support and China's Belt and Road Initiative rising, worries arise over debt and politicized financing. Despite potential through regional integration, diverse political interests and institutional weaknesses remain obstacles.

Africa Democratic Transitions

Freedom and Prosperity Around the World

Feb 26, 2024

Russia will suffer decreases in every dimension of prosperity

By Konstantin Sonin

Over fifteen years, Russia's economy stagnated with low growth and persistent inequality. Challenges include minority rights restrictions, healthcare issues, and an educational crisis due to teacher exodus.

Europe & Eurasia Freedom and Prosperity

Freedom and Prosperity Around the World

Feb 26, 2024

Foreword: Creating another wave of democracy

By Daron Acemoglu

The best way to counter the current pernicious trends is to create another wave of democracy, similar to the one witnessed after the collapse of military dictatorships in Southern Europe in the 1970s. This requires reinstating democracy support, institutional trust, and empowering civil society appropriately.

Civil Society Democratic Transitions

Freedom and Prosperity Around the World

Feb 26, 2024

Ukraine’s recovery hinges on allied support

By Yuriy Gorodnichenko

Ukraine faces challenges with its judicial system and war aftermath, including destruction, displacement, and educational setbacks. Recovery will require allied support and strategic policies.

Europe & Eurasia Freedom and Prosperity

Freedom and Prosperity Around the World

Feb 26, 2024

Regaining trust in government

By Simeon Djankov, Joseph Lemoine, Dan Negrea

Crises like COVID-19 prompt increased government control, challenging liberal values. Declining trust in governments clashes with security needs, urging policies to balance freedom and prosperity. Energy security challenges hinder net-zero goals, posing economic challenges globally, alongside privacy dilemmas amid surveillance tech in China, Russia, and the Middle East.

Civil Society Freedom and Prosperity

Freedom and Prosperity Around the World

Feb 26, 2024

Economic challenges are a barrier to Argentina’s prosperity

By Guido Sandleris

In Argentina's recent election, libertarian economist Javier Milei won by 11 percent, tapping into economic discontent. His platform stressed freedom and spending cuts, but facing challenges like hyperinflation and fiscal deficits, he may need to moderate his approach for success.

Economy & Business Energy & Environment

Freedom and Prosperity Around the World

Feb 26, 2024

Economic reform is crucial for growth in Brazil

By José A. Scheinkman

Brazil's economic prospects are hindered by high taxes, inefficient regulations, and security concerns, particularly in drug trafficking routes. Reform efforts, including tax and fiscal reforms, along with leveraging Brazil's strengths like clean energy, are crucial for growth and education opportunities.

Brazil Economy & Business