ECONOMIC FREEDOM – A CATALYST FOR DEVELOPMENT

Liberal doctrine, in its various attempts to find legitimacy, has exerted a real influence on the ”architecture” of the world economy. Liberal rhetoric, validated by historical reality, has shown that liberalism, through its virtues, design a proper environment for both individuals and nations devel...

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Bibliographic Details
Main Authors: Rozalia Iuliana KICSI, Aurel BURCIU
Format: Article
Language:English
Published: Editura Univeristatii "Stefan cel Mare" din Suceava 2014-12-01
Series:USV Annals of Economics and Public Administration
Subjects:
Online Access:http://annals.seap.usv.ro/index.php/annals/issue/view/21/showToc
Description
Summary:Liberal doctrine, in its various attempts to find legitimacy, has exerted a real influence on the ”architecture” of the world economy. Liberal rhetoric, validated by historical reality, has shown that liberalism, through its virtues, design a proper environment for both individuals and nations development. In this equation of development the catalytic role of economic freedom and free trade was a theme of reflections during the evolution of many nations, but emphasis on the quantitative dimensions was obvious. In the last decades, attention has been focused on the quality of development too, understanding that the wealth of a nation is reflected not only in the improvement of macroeconomic indicators, but in the better quality of individuals’ life.
ISSN:2285-3332
2344-3847