International political economy: How does freedom correlate with economic success?

Abstract

It is thought by many that the size of a nation\u27s economy determines the amount and kind of services that any individual in that nation can access. This paper explores how freedom affects a country\u27s economic success in terms of GDP per capita. The conclusions are that the amount of freedom a country has, as determined by Freedom house measures, does have an effect on Gross Domestic Product per Capita. Generally, the more freedom a country has the higher the GDP per capita is. Countries should promote and establish free regimes in order to have the best economic output. In this research, political and economic freedom play a big part of why freer countries have more success

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