Economic Freedom and Welfare Before and After the Crisis

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Focusing on market-oriented economic reforms since 1970, the author explores the relationship between liberal economic policies and social welfare. Despite a global trend towards similar economic policies, significant welfare disparities remain. Stankov argues that recent crises have hindered economic freedom reforms, leading to a shift from pro-market to pro-redistribution policies, which he sees as an inevitable outcome linked to populism. Utilizing rigorous empirical methods and case studies, the book provides a pioneering empirical analysis of these dynamics.