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Intergovernmental Organisations and Economic Freedom: Wise Technocrats or Black Helicopters?
Authors:Ryan H Murphy
Institution:O'Neil Center for Global Markets and Freedom, Southern Methodist University, Dallas, Texas
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.
Keywords:economic freedom  economic institutions  European Union  IMF  NATO  OECD  United Nations  World Bank  World Trade Organization
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