Hungarian politics in 2020 will be different from 2019 in a number of ways. After years of paralysis and disarray of the Hungarian non-Fidesz opposition, they are back in the political game after a surprise non-defeat at the municipal elections in October 2019.
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 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.
With the rise of nationalism and hybrid forms of authoritarianism, the rights and freedoms of citizens are under assault in many corners of the globe. Unsurprisingly, among the countries with the most substantial deterioration in freedom in the last year are Angola, Venezuela, and Tajikistan.
INESS created a brand new index called Health for Money, which rates healthcare in 26 countries, having also money in focus. The index touches also academia, measuring number of quotable medical papers from the country, or international rankings of faculties of medicine.
Thirty years later, public policies and political institutions of the former socialist economies do not equally support economic freedom, just as they do not observe the same level of international trade, foreign direct investment, and income.
The Visio institute has just published the second issue of The Visio Journal, which offers several papers analyzing the degree to which the public policies and political institutions of former socialist economies have been supportive of economic freedom following the collapse of communism.