Content

Freedom and Prosperity Around the World

Feb 26, 2024

India’s political freedom is at risk

By Pratap Bhanu Mehta

Political freedom in India is declining, with potential for further erosion if the current government remains. Economic prospects are cautiously optimistic, but regional disparities persist, posing challenges to democracy. India's federal structure may both check centralization and fuel political conflict.

Fiscal and Structural Reform 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.

Argentina Economy & Business

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

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

Saudi Arabia’s economic shifts under MBS raise stability concerns

By Rabah Arezki

Saudi Arabia's economic transformation under MBS maintains political control, risking instability amid regional conflicts. Reliance on public funds for investments may falter as the world shifts from fossil fuels, and demands for political freedom grow.

Economy & Business Freedom and Prosperity

Freedom and Prosperity Around the World

Feb 26, 2024

China’s authoritarian trend meets resistance in East Asia and the Pacific

By Kelley E. Currie

China's influence shapes political and economic dynamics in East Asia and the Pacific. Despite resistance, its practices hinder freedom across the region. Youth movements demand responsive systems. Weak institutions and challenges like inequality persist, requiring diversified economic strategies and strengthened democracies to navigate regional complexities.

China Democratic Transitions

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

Rising US public debt threatens economic freedom

By Edward Glaeser

US public debt has surged, posing risks to economic freedom. Despite stability expectations, reforms are needed, like deregulating small businesses and improving urban schools. However, political polarization and the dominance of identity politics hinder progress towards these goals.

Economy & Business Education

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

Pakistan faces urgent need for comprehensive reforms to spur long-term growth and stability

By Ali Cheema

Pakistan needs extensive economic and institutional reforms to boost long-term growth and prosperity. These reforms involve improving property rights, increasing public investment in education and health, and addressing political polarization. A new political settlement is necessary to foster stability and enable these reforms.

Freedom and Prosperity Inclusive Growth

Experts