Comparative Empirical Analysis of the Non-OECD Countries: Freedom, Equality and Sustainable Development in the Non-OECD Countries (2002–2016)
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There are higher levels of economic than political freedom in the world. Economic freedom is more widespread, whereas political freedom appears to be more constrained, when referred to as global phenomena. Economic freedom not necessarily requires also political freedom, so there can be economic freedom without political freedom (or a coexistence of higher levels of economic and lower levels of political freedom). In addition, when we talk about global trends, economic freedom also increased faster than political freedom (while political freedom currently stagnates at the global level). So there has been more progress in the world in economic freedom than in political freedom. Political freedom increased only modestly (or even decreased). As a global trend, gender equality increases. This apparently is the case not only for the world in general, but also for OECD and non-OECD countries more specifically. These increases in gender equality are being sharply contrasted by the developments in income equality. For the whole world, a scenario of stagnation in income equality must be stated, and in context of the OECD countries (not only USA, EU15, but also the Nordic countries), income equality even decreases and decreased. So there may be a troublesome tendency be spotted (and asserted), where higher levels of GDP per capita scores actually associate with a downward tendency in income equality.
KeywordsDevelopment Economic freedom Gender equality Growth Income equality Non-OECD OECD Political freedom Sustainable development World
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