What is it about?
This research aims to study some economic freedom-related factors with explanatory power on the countries’ success in controlling the first wave of COVID-19. Our selected factors include the economic, business, labour, monetary, trade, investment, financial, press, human, and personal freedom indexes.
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Why is it important?
We find that countries with superior degrees of freedom suffered a more severe impact of the outbreak as confirmed by the highest daily average of cases and deaths per million. This severe impact happened while governments had a controllable response to the outbreak as verified by the lowest daily average stringency index. However, these countries were more effective at controlling the first wave of COVID-19 as measured by the shorter outbreak response time and a higher daily average of COVID-19 tests per thousand.
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This page is a summary of: Control of the first wave of COVID-19: Some economic freedom-related success factors, JOURNAL OF INTERNATIONAL STUDIES, December 2021, Centre of Sociological Research, NGO,
DOI: 10.14254/2071-8330.2021/14-4/13.
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