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Economic rights and government in developing countries: Cross-national evidence on growth and development

  • Arthur A. Goldsmith
Development Policy

Abstract

Most analysts assume that economic rights (especially to property and to contracts) help foster economic development, but the relationship is rarely studied empirically. Using three recently developed indexes of economic freedom, this article explores this issue for the mid-1980s to the mid-1990s. It finds that developing countries that score better in protecting economic rights also tend to grow, faster and to score higher in human development. In addition, economic rights are associated with democratic government and with higher levels of average national income.

Keywords

Human Development Index Comparative International Development Economic Freedom Liberal Theory Political Freedom 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Springer 1998

Authors and Affiliations

  • Arthur A. Goldsmith
    • 1
  1. 1.Management and Marketing DepartmentUniversity of Massachusetts, BostonBoston

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