Backgrounder posted October 9, 2015
The Economic and Geopolitical Benefits of Free Trade in Energy Resources
Given its abundance of natural resources and the recent growth in domestic energy production, the United States is in a position to export far more energy than American trade laws currently allow. Free trade is imperative to a free society, as it fosters economic growth and improves human well-being. Policymakers should treat energy like any other good or service that is…
Special Report posted August 26, 2015
2015 Global Agenda for Economic Freedom
The Index of Economic Freedom, published annually by The Heritage Foundation and The Wall Street Journal, is entering its third decade with the publication of the 21st edition. Since the first edition the world has witnessed profound advances in the cause of freedom. Open economies have led the world in a startling burst of innovation and economic growth,…
Special Report posted February 10, 2015
Japan Needs Real Economic Reform
For four decades, Japan’s economic growth was the envy of the world. From 1950 to 1991, Japan averaged annual real gross domestic product (GDP) growth of 6.8 percent, and recorded only a single year of economic contraction, in 1974. By the late 1980s, Japan had turned from postwar ruin into an affluent country with the second-largest economy in the world.
Special Report posted August 27, 2014
Beating the Middle-Income Trap in Southeast Asia
About the Author
William T. Wilson, PhD, is a senior research fellow in the Asian Studies Center, of the Kathryn and Shelby Cullom Davis Institute for National Security and Foreign Policy, at The Heritage Foundation.
In the 14 years of the new millennium, Southeast Asia has had some of the fastest growing economies in the world. Indonesia’s economy has been cruising at…