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The US must lead with allies or risk becoming a bystander in a reshaped international financial system. As the global economy struggles to recover from COVID-19 and rising powers like China assert economic influence, this mission is critical to the long-term prosperity of the United States and its allies. Strong collaboration between the public and private sectors can help revitalize open markets for the twenty-first century.

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The Freedom and Prosperity Equation

Sep 18, 2023

Pathways to economic prosperity: Theoretical, methodological, and evidential considerations

By Markus Jaeger

Economic development is a complex, multi-causal phenomenon and it is useful to consider how different elements, including policies and institutions, interact to produce sustained economic growth. Depending on the situation, various reforms can nudge nations toward certain paths.

Freedom and Prosperity Macroeconomics

The Freedom and Prosperity Equation

Sep 18, 2023

The causal relationship between economic freedom and prosperity

By Jamie Bologna Pavlik, Benjamin Powell, and Andrew Young

Economic freedom not only correlates with prosperity but is an important cause of prosperity. Meaningful increases in economic freedom have been shown to lead to large increases in GDP per capita, supporting Adam Smith's assertion that increased economic freedom is an essential ingredient for greater prosperity worldwide.

Economy & Business Freedom and Prosperity

The Freedom and Prosperity Equation

Sep 18, 2023

Who came first: Freedom or prosperity? An inquiry about liberty and well-being

By Vladimir Fernandes Maciel, Ulisses Monteiro Ruiz de Gamboa, Paulo Rogério Scarano, and Julian Alexienco Portillo

The symbiosis between freedom and prosperity: a virtuous cycle (higher levels of freedom and prosperity lead to more freedom and prosperity) and a vicious cycle (lower levels of freedom and prosperity lead to less freedom and prosperity), with these cycles tending to reinforce each other.

Freedom and Prosperity Macroeconomics

The Freedom and Prosperity Equation

Sep 18, 2023

Freedom, prosperity, and human development in Egypt: Why does freedom matter?

By Mohamed M. Farid

Egypt's development over the last 15 years has been limited by heavy-handed government intervention and poorly thought-out public spending. To go forward, Egypt must reduce the role of the state in the economy, implement free-market reforms, and focus public investments on human capital.

Economy & Business Freedom and Prosperity

The Freedom and Prosperity Equation

Sep 18, 2023

Introduction: The continuing debate about freedom and prosperity

By Dan Negrea, Brad Lips, Kris Mauren

Freedom and prosperity are strongly correlated, and freedom is necessary for sustained economic growth. Some authoritarian regimes have enjoyed some economic success, but the Chinese development model does not provide a sustainable path to prosperity and comes at the expense of human rights and individual freedoms.

Democratic Transitions Economy & Business

The Freedom and Prosperity Equation

Sep 18, 2023

Freedom and prosperity in Eastern Europe

By Dan Negrea, Joseph Lemoine, Yomna Gaafar

Eastern European countries that experienced more political, economic, and legal freedoms enjoy greater prosperity today. Conversely, those which progressed less on the path of freedom are also less prosperous.

Democratic Transitions Eastern Europe

In the News

Sep 17, 2023

Webster in China-Russia Report: “Interests of our peoples” reemerges; Putin’s comments at Vladivostok

China Economy & Business

In the News

Sep 16, 2023

Nikoladze, Meng, and Yin cited in the International Law Studies Journal on China’s assistance to bypass sanctions on Russia

Read the full journal here.

China Financial Sanctions and Economic Coercion

In the News

Sep 15, 2023

Charai in The Hill: We survived Morocco’s earthquake. Its reconstruction is another story

By Atlantic Council

I was in Marrakech, Morocco, walking with my 89-year-old mother, when the earthquake struck Haouz last Friday. After the earth shook, my mother couldn’t stop shaking. I gently carried her out of the family home, which may no longer be the refuge that it once was only seconds earlier. 

Economy & Business Inclusive Growth

UkraineAlert

Sep 14, 2023

Putin’s North Korean “pariah summit” underlines his international isolation

By Peter Dickinson

Vladimir Putin's recent meeting with North Korean dictator Kim Jong Un was a "Pariah Summit" that underlined the scale of Russia's international isolation as a result of the country's criminal Ukraine invasion, writes Peter Dickinson.

Conflict Defense Industry

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