Overview
- Provides regression analysis for each area of human welfare
- Takes an empirical approach to recent trends in economic freedom
- Examines after-crisis policy responses and their welfare implications
- Includes supplementary material: sn.pub/extras
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About this book
This book offers an extensive review of market-oriented economic reforms since 1970, and considers the question of whether more liberal economic policy yields greater social welfare. The author demonstrates that, despite the widespread uniformity of economic policy across countries over the past 45 years, welfare differences persist. Stankov posits that the crisis has stalled the momentum of economic freedom reforms across the globe and policy agendas have gradually shifted from pro-market to pro-redistribution. The book argues that this shift is inevitable: market-oriented economics, Stankov notes, is the natural bedfellow of populism. Through rigorous empirical methodology and the use of various case studies, Stankov is among the first to offer an empirical explanation.
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Keywords
Table of contents (7 chapters)
Authors and Affiliations
About the author
Petar Stankov is Senior Assistant Professor of Economics at the University of National and World Economy (UNWE) in Sofia, Bulgaria. Stankov has published on economic growth, financial crises, inequality and institutional reforms. He has taught economics for 10 years at the UNWE, the Anglo-American University in Prague, the Prague School of Economics, and the American University in Bulgaria.
Bibliographic Information
Book Title: Economic Freedom and Welfare Before and After the Crisis
Authors: Petar Stankov
DOI: https://doi.org/10.1007/978-3-319-62497-6
Publisher: Palgrave Macmillan Cham
eBook Packages: Economics and Finance, Economics and Finance (R0)
Copyright Information: The Editor(s) (if applicable) and The Author(s) 2017
Hardcover ISBN: 978-3-319-62496-9Published: 18 October 2017
Softcover ISBN: 978-3-319-87328-2Published: 24 August 2018
eBook ISBN: 978-3-319-62497-6Published: 09 October 2017
Edition Number: 1
Number of Pages: XIII, 172
Number of Illustrations: 30 b/w illustrations
Topics: Economic Policy, Development Economics, Social Choice/Welfare Economics/Public Choice/Political Economy, Social Policy