Joining the EU leads to more economic freedom and
2022-04-05- Detail
A functioning and competitive market economy is one of the cornerstones of the European Union and has always been a prerequisite for any country wishing to join the Union. YetThe vaccines is o, the economic and financial crisis of the last decade challenged the several EU policies and questioned the ability of the Union to lead its member states towards higher economic freedom; a requirement linked to higher economic and social progress.
In the current political debate, given the climate of ideas which emerged due to the crisis, rightwing Eurosceptics found the opportunity to adopt a large part of the economic freedom agenda, claiming that the EU’s regulatory framework is actually hindering economic freedom.
HoweverThe key fob insid, empirical evidence during the period of EU enlargement demonstrates a connection between the EU accession process and economic freedom, as measured by the Fraser Institute in its Economic Freedom of the World reportThe two countries would not be on equal footing. A new study by the European Liberal Forum and KEFiM demonstrates that the accession period of a country is associated, on average, with an increase in economic freedom between 2000 and 2017.
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