The goal of this study is to investigate the effect of trade liberalization on economic growth in Iranian economy using a Cobb–Douglas production function, which is expanded to take into account political instability and trade liberalization. The empirical results show that in the long run the real export and import duty have positive effect on GDP, while the Labor force and education causes to...

using energy as a weapon, the new russia seeks to reconstruct its empire. the russian government has declared an economic model since 2001 entitled rationalization which has been implemented by the putin's government. state ownership especially concerns the oil industry which was expanded by confiscating the yukas company's properties and gazprom's procurement of the apple oil co...

one of the most controversial aspects of financial markets is capital market liberalization of course not so liberalization under the rules of governmental severities. based on financial theories there are a number of reasons , that capital flows openness should lead to increases in economic growth. on the other hand most economists believe that the cost of openness outweigh the benefits , such...

Contrary to the predictions of standard economic theory, capital market liberalization has been a mixed blessing for many countries. Liberalization of debt inflows exposes economies to the risk of crises stemming from sudden changes in investor sentiment. Equity market liberalizations, on the other hand, have promoted growth in almost every liberalizing country. Yet equity market liberalization...

This paper examines how political ideology influenced economic freedom in the Canadian provinces. We analyze the dataset of economic freedom indicators compiled by the Fraser Institute in 10 Canadian provinces over the 1981-2005 period and introduce two different indices of political ideology: government and parliament ideology. The results suggest that government ideology influenced labor mark...

Contrary to the predictions of standard economic theory, capital market liberalization has been a mixed blessing for many countries. Liberalization of debt inflows exposes economies to the risk of crises stemming from sudden changes in investor sentiment. Equity market liberalizations, on the other hand, have promoted growth in almost every liberalizing country. Yet equity market liberalization...

Russia after the collapsing of Soviet Union ignored and left behind the Caspian Sea for a short time due to giving preference to relationship with West. Discovery of new sources of energy in the Caspian region and the significance of the geopolitical position of this region in Europe, Asia and the Middle East and the key role that plays in the power balances in the world, also West attention sp...