How Nations Prosper: Economic Freedom and Doing Business in 2007
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Nations that are more economically free outperform less free nations in growth and levels of prosperity. James Gwartney, coauthor of the annual Economic Freedom of the World report, will review current trends and the latest research on the impact of regulations, the rule of law, and other aspects of economic freedom on the whole range of development indicators. Simeon Djankov will show how excessive bureaucratic procedures and government fees make it prohibitively expensive for the world’s poor to join the formal economy. Reform can make it easier for entrepreneurs and businesses to create wealth. Djankov will show which countries are making progress, how they are successfully reforming, and the potentially large growth opportunities they can expect.