Intergovernmental Organisations and Economic Freedom: Wise Technocrats or Black Helicopters?. (June 2016)

• Record Type: Journal Article
• Authors: Murphy, Ryan H.
• Is Part Of: Economic affairs. Volume 36:Number 2(2016:Jun.)
• Page Start: 145
• Page End: 154
• Publication Date: 2016-06
• Subjects: economic freedom -- economic institutions -- European Union -- IMF -- NATO -- OECD -- United Nations -- World Bank -- World Trade Organization; Great Britain -- Economic policy -- 1945-1964 -- Periodicals; Great Britain -- Economic conditions -- 1945-1964 -- Periodicals; Economics -- Periodicals; 330.9
• DOI: 10.1111/ecaf.12181
• Languages: English
• ISSNs: 0265-0665

Abstract

Abstract: This article explores the relationship between country membership in major intergovernmental organisations and economic freedom. While it makes no claims to have found any broad theoretically bound, robust causal mechanism, baseline fixed effects models establish relationships amongst economic freedom and membership in the EU, NATO, WTO, UN, OECD, World Bank, and IMF. Though the results are not simple, the strongest findings are negative relationships with the UN, IMF, and WTO, and positive relationships with the World Bank and possibly the EU.