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EFN Asia 2013 Conference, Day 2, October 22, 2013 PDF Print E-mail
Friday, 07 March 2014 14:13

For photos from the conference

For presentations from the conference

For interviews, look for recent uploads

Day 2 of the Economic Freedom Network (EFN) Asia 2013 Conference started with a presentation by Fred McMahon of Fraser Institute in Canada, of the results of the Economic Freedom of the World (EFW) 2013 Report. Before presenting the numbers, he reiterated the definition of “economic freedom” as fundamental rights. Without these basic rights, no political or civil freedom can prosper.

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EFN Asia Conference 2013 – Day I PDF Print E-mail
Friday, 07 March 2014 13:42

The two-day Economic Freedom Network (EFN) Asia conference has tackled many subjects on its first day, October 21, 2013. The welcome remarks were given by Dr. Pirom Kamolratanakul, President of Chulalongkorn University in Thailand,  and Mr. Ulrich Niemann, Director of the Division of International Politics, Friedrich Naumann Foundation for Freedom (FNF).

Kamolratanakul said that Thailand has been growing slower and 42 percent of the working population are stuck in agriculture. The country needs a transparent and efficient public sector and good governance to build the middle class, and must emphasize productivity growth and more investment, especially in infrastructure and education.

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The Release of the Economic Freedom of the World Report 2013 PDF Print E-mail
Thursday, 19 September 2013 13:38

Hong Kong again topped the rankings of 151 countries and territories, followed by Singapore, New Zealand, and Switzerland in the Fraser Institute’s annual Economic Freedom of the World report. The United States, once considered a bastion of economic freedom, now ranks 17th in the world. “Unfortunately for the United States, we’ve seen overspending, weakening rule of law, and regulatory overkill on the part of the U.S. government, causing its economic freedom score to plummet in recent years. This is a stark contrast from 2000, when the U.S. was considered one of the most economically free nations and ranked second globally,” said Fred McMahon, Dr. Michael A. Walker Research Chair in Economic Freedom with the Fraser Institute. Venezuela has the lowest level of economic freedom worldwide, with Myanmar, Republic of Congo, Zimbabwe, and Chad rounding out the bottom five countries. Some nations, like North Korea and Cuba, could not be ranked because of a lack of data.

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EFN Asia conference 2013 PDF Print E-mail
Friday, 07 March 2014 10:19

EFN Asia conference 2013 21-22 October 2013, Plaza Athenee hotel, Bangkok, Thailand

Message from organizers:

On behalf of the organisers of this year’s Economic Freedom Network Asia (EFN Asia) conference, I would like to personally welcome you to the EFN Asia Conference 2013, “Asia, the Middle Income Trap and Economic Freedom”.

Attachments:
FileDescriptionFile Size
 Concept Note EFN Asia Conference 2013Concept Note EFN Asia Conference 2013156 Kb
 Final EFN Asia Conference 2013 ProgrammeFinal EFN Asia Conference 2013 Programme249 Kb
 Final Speakers Profile EFN 2013Final Speakers Profile EFN 2013451 Kb
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Avoiding Middle Income Trap PDF Print E-mail
Thursday, 19 September 2013 11:14

By Nonoy Oplas, President, Minimal Government Thinkers, Inc.

Published in Business 360° magazine, September 2013

Many Asian economies are now among the “engine of growth” for some countries within and outside the continent due to their huge contribution to international trade as big exporters/producers  and big importers/consumers, as well as big recipients of foreign remittances.

Such opportunity has allowed many Asian economies to move from low income to middle-income levels, and for the lucky and more technologically advance ones like the four “tiger economies” of Hong Kong, Singapore, Taiwan and S. Korea, to move from middle- to high-income countries.

“Middle income” is defined as having a per capita GDP income based on purchasing power parity (PPP) of $3,000 to $20,000, or $16,000 for other definitions.

“Middle-income trap” (MIT) is the phenomenon of some rapidly growing economies stagnating at middle-income levels and failing to graduate into high-income countries. This is brought about by growth slowdown after sometime.

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