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Regular version of the site

Working paper

Are economic and political freedoms interrelated?

Bruegel blog. Bruegel blog. Bruegel, 2018
Democracy has not always accompanied market economy. But in modern societies, economic and political freedoms are increasingly interconnected. Democracy and market economy can support each other. This is particularly true in post-communist economies of Central and Eastern Europe and the former Soviet Union. Thus, authoritarian tendencies observed in these and other regions can negatively affect quality of economic policy and governance.