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A new historical database on economic freedom in OECD countries

Prados de la Escosura, Leandro, (2015), “A new historical database on economic freedom in OECD countries”, Voxeu, 23 Νοεμβρίου

Indices of economic freedom refer mostly to the recent past, making policy prescriptions difficult to draw. This column presents a new historical index of economic liberty covering 21 OECD countries for the period 1850-2007. Over time, progress in economic liberty has derived from different factors, but improvements in legal structures and property rights emerge as the main forces behind the long-term gains.

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