Economic time series exhibit periodically recurrent movements at the daily, weekly, and monthly levels. Also known as seasonality, it has been usually treated as a nuisance to be removed prior to analysis. Often, data is already deseasonalised by data providers since it distracts from medium-term time trends and long-term cycles. Moreover, seasonality disappears when data are aggregated to a yearly basis – it is a phenomenon at work at shorter time frames. It is an…
Visio institut is pleased to join the Property Rights Alliance in the celebration of the World IP Day with the launch of an open letter addressed to the World Intellectual Property Organization’s Director General Dr Francis Gurry.
Oman started 2020 off on the right foot when it comes to economic freedom. A new Foreign Capital Investment Law (FCIL) came into force to visibly lower barriers to foreign investment in the Sultanate. The crucial change is that 100% foreign ownership is now possible in Oman.
Global trade growth has been in a slowdown for a decade. Contributing to the trend is a recent rise in protectionist policies, particularly in the United States. On top of it, Brexit, no matter in what form it takes, is projected to decrease trade volumes.
The main mechanism that relates human freedom to economic growth is channeled through institutional and economic factors, such as government effectiveness, investments, and trade. Therefore, institutions are an important determinant of economic prosperity in countries worldwide.
The political platform of the Greek New Right, which has embedded authoritarian attitudes cultivating an anti-liberal sub-culture to the party’s voters, is in accordance with several European conservative movements like in Hungary, Austria, or Czechia.
Family Protection Action Plan, which bears all the hallmarks of an authoritarian staple, is dehumanizing, pits demographic groups against each other and distorts the markets. It also creates a distraction for the citizens and puts the opposition in a corner where their only option is a bidding war.
The liberal order is still a relatively young system by and large. Over millennia before the industrial revolution and the ascendancy of liberal ideas did tribalism of some sort or the other prevail. The legacy of liberal order is undeniably impressive.
Over the past decade, sympathies and support for the authoritarianism have been spreading across Europe. The fourth issue of The Visio Journal features a debate on liberalism versus authoritarianism, which is fought in the realm of ideas, institutions, and public policies.