Economic Freedom and Welfare Before and After the Crisis

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The book provides a comprehensive analysis of market-oriented economic reforms since 1970, exploring the impact of liberal policies on social welfare. The author highlights persistent welfare disparities despite similar economic strategies across nations and argues that recent crises have hindered economic freedom reforms, shifting policy focus towards redistribution. Stankov contends that this trend is a natural consequence of market-oriented economics aligning with populism. Employing rigorous empirical methods and case studies, he offers a pioneering empirical explanation for these dynamics.