Sunday, April 01, 2007
GROWTH, COMPETITIVENESS AND TRADE FREEDOM
There is an article on this particular topic on the way. I recently wrote two new articles at Súkromné vlastníctvo, entitled Slashing the Barriers for Competitiveness and Growth, and Trade Protectionism = Racial Discrimination. In the first article I focused on the agony of barriers dusting the international competitiveness and long-term economic growth of an open economy. The second article discusses trade protectionism and its consequences particulary in third-world countries suffering from a low level of institutional governance and the rule of law trippled by the system of high tariffs and import quotas cuddling those economies in the cradle low GDP level and continued structural misery.