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Rapid Economic Growth without Economic Freedom: A Puzzle Made in China

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dc.contributor.advisor Wu, Congsheng en_US
dc.contributor.author Wu, Congsheng en_US
dc.date.accessioned 2014-07-16T16:13:50Z
dc.date.available 2014-07-16T16:13:50Z
dc.date.issued 2011 en_US
dc.identifier.citation Poster 57 en_US
dc.identifier.other 99929afe-c059-2bac-e473-759b6f153e60 en_US
dc.identifier.uri https://scholarworks.bridgeport.edu/xmlui/handle/123456789/382
dc.description Adam Smith's well-known book, An Inquiry into the Nature and Causes of the Wealth of Nations, shows that free markets, the protection of private property rights and a minimal government interference in the economy lead to prosperity. The development economics literature has expansive evidence that economic freedom and sound legal, financial and political institutions boost economic growth. China's economy has grown by nearly 10% each year for over three decades. Yet China's phenomenal economic growth has been accompanied by a relatively underdeveloped legal and financial system. For instance, China is the 124th freest economy in the 2008 Index of Economic Freedom. China seems to be an outlier in the economic growth and freedom literature. en_US
dc.subject Faculty research day en_US
dc.title Rapid Economic Growth without Economic Freedom: A Puzzle Made in China en_US
dc.type Presentation en_US
dc.institute.department School of Business en_US
dc.institute.name University of Bridgeport en_US
dc.event.name Faculty Research Day en_US

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