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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

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

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

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

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

Egypt grapples with political uncertainty under El-Sisi

By Rabah Arezki

Egypt faces economic challenges with heavy debt and political unrest. President Abdel Fattah El-Sisi's reelection may not prompt reforms, exacerbating inflation and currency devaluation. Gulf aid hinges on reforms, while militarization impedes change. Regional tensions heighten instability risks.

Conflict Elections

Freedom and Prosperity Around the World

Feb 26, 2024

Stabilizing revenue will lead Kenya to greater prosperity

By Robert Mudida

Kenya aims to grow manufacturing and GDP via the African Continental Free Trade Area. Formalizing informal jobs stabilizes revenue. Expanding global value chains, especially in tourism, boosts growth. Institutional reform is key for lasting prosperity.

Africa East Africa

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

Freedom and Prosperity Around the World

Feb 26, 2024

South Africa needs political change to meet economic demands

By Greg Mills

South Africa's future hinges on political changes, especially the potential shift to a coalition government in the 2024 election. Economic challenges, including rising debt, demand urgent reforms. Global alliances, notably with BRICS and China, affect trade dynamics, emphasizing the need for diversification.

Africa Elections

Freedom and Prosperity Around the World

Feb 26, 2024

Chile struggles with economic stagnation

By Andrés Velasco

Chile grapples with economic slowdown and political polarization. Growth has stalled, and trust in democratic institutions has waned as parties have multiplied. Despite failed attempts to rewrite the constitution, polarization persists, complicating Chile's political future.

Economy & Business Freedom and Prosperity

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