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International Political Economy: How Does Freedom Correlate With Economic Success?, Trevis Harrold
International Political Economy: How Does Freedom Correlate With Economic Success?, Trevis Harrold
Senior Honors Theses and Projects
It is thought by many that the size of a nation's economy determines the amount and kind of services that any individual in that nation can access. This paper explores how freedom affects a country's 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 …