Liberal reforms & economic growth: Current issues and interrelations

Economic liberalization in today’s conditions is not so much an effective tool of national economy stimulation but is rather a precondition for its connection to the world markets and global economic space overall. The paper investigates economic effectiveness of liberalization that is determined by...

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Main Authors: Hung Tran Van, Ai Tran Huu, Denis Ushakov
Format: Article
Language:English
Published: Centre of Sociological Research, Szczecin 2017-12-01
Series:Journal of International Studies
Subjects:
Online Access:http://jois.eu/?380,en_liberal-reforms-economic-growth-current-issues-and-interrelations
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author Hung Tran Van
Ai Tran Huu
Denis Ushakov
author_facet Hung Tran Van
Ai Tran Huu
Denis Ushakov
author_sort Hung Tran Van
collection DOAJ
description Economic liberalization in today’s conditions is not so much an effective tool of national economy stimulation but is rather a precondition for its connection to the world markets and global economic space overall. The paper investigates economic effectiveness of liberalization that is determined by a variety of conditions and features in its implementation. Basing on the analysis of correlation between economic liberalization dynamics and macroeconomic indicators of the selected countries of the world, the magnitude of liberal reforms’ stimulating effect in the early 21st century is estimated, and theoretical conclusions regarding liberal economic reforms potential in our time are offered along with the recommendations on strategic priorities and tactical tools to improve national business environment and increase global economic attractiveness.
format Article
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institution Kabale University
issn 2071-8330
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language English
publishDate 2017-12-01
publisher Centre of Sociological Research, Szczecin
record_format Article
series Journal of International Studies
spelling doaj-art-b24ae76278f64ae5870f0ccbe47813cd2025-08-20T03:39:26ZengCentre of Sociological Research, SzczecinJournal of International Studies2071-83302306-34832017-12-0110410.14254/2071-8330.2017/10-4/8Liberal reforms & economic growth: Current issues and interrelationsHung Tran Van0Ai Tran Huu1Denis Ushakov2Vietnam National University of ForestryVan Hien UniversityInternational College Suan Sunandha Rajabhat UniversityEconomic liberalization in today’s conditions is not so much an effective tool of national economy stimulation but is rather a precondition for its connection to the world markets and global economic space overall. The paper investigates economic effectiveness of liberalization that is determined by a variety of conditions and features in its implementation. Basing on the analysis of correlation between economic liberalization dynamics and macroeconomic indicators of the selected countries of the world, the magnitude of liberal reforms’ stimulating effect in the early 21st century is estimated, and theoretical conclusions regarding liberal economic reforms potential in our time are offered along with the recommendations on strategic priorities and tactical tools to improve national business environment and increase global economic attractiveness.http://jois.eu/?380,en_liberal-reforms-economic-growth-current-issues-and-interrelationsbusiness liberalizationgovernment regulationreformmodernizationglobal economy
spellingShingle Hung Tran Van
Ai Tran Huu
Denis Ushakov
Liberal reforms & economic growth: Current issues and interrelations
Journal of International Studies
business liberalization
government regulation
reform
modernization
global economy
title Liberal reforms & economic growth: Current issues and interrelations
title_full Liberal reforms & economic growth: Current issues and interrelations
title_fullStr Liberal reforms & economic growth: Current issues and interrelations
title_full_unstemmed Liberal reforms & economic growth: Current issues and interrelations
title_short Liberal reforms & economic growth: Current issues and interrelations
title_sort liberal reforms economic growth current issues and interrelations
topic business liberalization
government regulation
reform
modernization
global economy
url http://jois.eu/?380,en_liberal-reforms-economic-growth-current-issues-and-interrelations
work_keys_str_mv AT hungtranvan liberalreformseconomicgrowthcurrentissuesandinterrelations
AT aitranhuu liberalreformseconomicgrowthcurrentissuesandinterrelations
AT denisushakov liberalreformseconomicgrowthcurrentissuesandinterrelations