Revista OEconomica

Tudor Constantin BĂLAN - Cycles of Freedom: Are Our Rights Today Permanently Secured, or Are We in a Transitional Phase? The Cases of Great Britain, the United States, and Russia

Marius-Cristian PANĂ, Adela BĂLAN - Economic Freedom and Prosperity: A Comparative Analysis of Welfare Determinants at the International Level

Ana Octavia ALBU - When Accurate Forecasts Still Produce Waste: Demand Shocks and Over-Forecasting Risk in Food Retail

Adrian-Ioan DAMOC - The Persian Pivot and the Reconfiguration of Geopolitical Realism: Iran and Venezuela in Strategic Competition among the United States, China, and Russia

Emmanuel Olusegun STOBER - Coercive Diplomacy in the Gulf and the Limits of the Strike-Forward Strategy: Toward a Middle-Power Coalition for Regional Stability

Sorin-Nicolae CURCĂ - On the Informational Entropy of Economic Shock

Florin DĂNESCU - The Banking Sector as Critical Infrastructure in the Logic of Hybrid Conflict: Post-2014 Legislative Convergence in Central and Eastern Europe and the Case of Romania

Alexandru POPOVICI - The Contribution of the Music Industry to GDP and Employment: A Comparative Analysis

Mohammed AL-NASSERY - Implications of the War in the Middle East: An Analysis of the Economic, Security, Humanitarian, and Political Dimensions

Mihai LĂCĂTUŞ - GDP as a Means, Not an End: Inequality as the Missing Variable in Fiscal Policy Design – A 60-Country Analysis of Economic Growth and Subjective Well-Being

Articles on Issue Theme

Cosmin MOSORA

Academia de Studii Economice din Bucureşti

Marius-Cristian PANĂ

Academia de Studii Economice din Bucureşti

Nowadays, understanding and identifying economic freedom means the existence of an institutional frame, rules which guide human behaviour in a predictable manner. Approaching economic freedom from an institutional point of view is consistent with the political processes and their consequences as it is also with the economic stability. This study emphasizes the correlation between extending economic freedom and real GDP per capita, human development, global competitiveness, and the diminution of corruption. To this end, we have compared the index of economic freedom against various statistical indicators of development.

ŒCONOMICA no. 2/2010

Keywords: economic freedom, institutions, competitiveness, corruption, economic development

JEL: B52 O43 H30

Libertate economică şi performanţă. Analiză comparată a diferiţilor indicatori statistici ai dezvoltării

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