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The Benefits of Economic Freedom: A Survey

PublikationArtikel (med peer review)
Economic Freedom Index, Företagandets villkor, Globalisering, Niclas Berggren, Tillväxt
The Benefits of Economic Freedom
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Sammanfattning

The most ambitious study of its kind, the Economic Freedom Index (EFI), published annually in Economic Freedom of the World, has inspired scholars to examine more closely the effect of economic freedom on economic growth, income equality, and quality of life. Although not without limitations, the EFI supports Adam Smith’s contention that free-market processes, more than any alternatives, can advance wealth and welfare.

Related content: Working Paper No. 4

Berggren, N. (2003). ”The Benefits of Economic Freedom: A Survey.”The IndependentReview, 8(2): 193-211.

Baserat på innehåll

Working Paper No. 1. The Frailty of Economic Reforms: Political Logic and Constitutional Lessons
Working paperPublikation
Berggren, N
Publiceringsår

2002

Sammanfattning

Why are efficiency-enhancing reforms often frail and subject to being undermined over time? Two theories are examined: public-choice theory, which explains this as the possible result of a need, from time to time, to wipe the slate clean in order to retain productivity in the distribution of favors to interest groups, and a theory which acknowledges that politicians may implement reforms for ideological reasons but still, as time passes, be influenced by the logic of the political and media systems to abandon their initial aspirations. In any case, the demise of reforms is partly a function of the constitutional setting: rules which encourage shortsightedness and easy satisfaction of interest-group agendas make it difficult for decision-makers to withstand pressure for legislative change. Avenues to mitigate these problems through constitutional reforms are explored.

Working Paper No. 1. The Frailty of Economic Reforms: Political Logic and Constitutional Lessons
Working paperPublikation
Berggren, N
Publiceringsår

2002

Sammanfattning

Why are efficiency-enhancing reforms often frail and subject to being undermined over time? Two theories are examined: public-choice theory, which explains this as the possible result of a need, from time to time, to wipe the slate clean in order to retain productivity in the distribution of favors to interest groups, and a theory which acknowledges that politicians may implement reforms for ideological reasons but still, as time passes, be influenced by the logic of the political and media systems to abandon their initial aspirations. In any case, the demise of reforms is partly a function of the constitutional setting: rules which encourage shortsightedness and easy satisfaction of interest-group agendas make it difficult for decision-makers to withstand pressure for legislative change. Avenues to mitigate these problems through constitutional reforms are explored.

Nominated procurement and the indirect control of nominated sub-suppliers: Evidence from the Sri Lankan apparel supply chain
Artikel (med peer review)Publikation
Fontana, E., Öberg, C., Poblete, L.
Publiceringsår

2021

Sammanfattning

This article describes and discusses nominated procurement as a means through which buyers select sub-suppliers to achieve sustainability compliance upstream in emerging economies’ supply chains. Hence, it critically examines the ways buyers articulate nominated procurement and the unfolding supply chain consequences. Based on in-depth interviews and fieldwork in the Sri Lankan apparel supply chain, the findings indicate that buyers accomplish sustainability compliance among their sub-suppliers while prioritizing their own business agenda. In doing so, however, buyers perpetuate “suboptimal compliance” of raw material suppliers and “sandwiching” of direct suppliers as harmful consequences on the supply chain. These consequences link theoretically with commercial, geographical, compliance and extended-compliance pressure. This article contributes to the advancement of the Sustainable Supply Chain Management literature by theorizing about nominated procurement, direct and indirect pressure, and pointing to the supply chain consequences beyond achievements in sustainability compliance.

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