Shomron Center for Economic Policy Research

In Search for an efficient Institutions

Six Lectures on Business climate & Economic Institutions’ quality

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We have prepared a series of lectures covering problems of Business Climate assessment (Economic Freedom etc) so you can find the less problematic place for doing your business in the long run.

Here are the presentations of these lectures:

(1) Lecture 1. Business climate indicators: the Rise, the Decay, and the ways to repair.

This presentation provides some materials for a better understanding of the advantages and shortcomings of Business climate indicators like Economic Freedom indices. Economic Freedom Indices and ‘Doing Business’ Project are far from perfect as measures of Business climate quality. The assessments are often poorly compatible and subjective. Some additional factors taken into consideration with special attention on the harm inflicted by ‘antidiscrimination policies’ (more correctly, policies undermining freedom of private contracts) could make indices much more reliable and practically applicable instruments.

(2) Lecture 2. An overview of some doing business costs and private property guarantees in Estonia and the Visegrád countries

Lecture on prospects of Long Run investments and doing business in the Estonia and Visegrád countries. Presentation for the lecture on Business climate quality in Estonia and the Visegrád countries. By most measures, Estonia and the Czech Republic lead the sample in terms of favorable business conditions. Compared to most countries in Old Europe, the Visegrad countries and Estonia present lower risks for medium- and long-term investment and business operations.

(3) Lecture 3. China: the forecast which comes true. Analysis of Institutions without the support of local experts

Chinese Model – Deng Xiaoping’s informal institutions imitated Western political competition and secured impressive economic Growth in the 1980s-2000-ties. This institution was critically damaged by 2009 and collapsed in 2017 with the rise of the personalistic rule of Xi Jinping. Thus, imitation of political competition and limited government and real limitations protecting a private person and his property are proven not to be the same.

(4) Lecture 4. Long Run Economic Prospects of AI – revolution: new industries to emerge … or not …

Here is the presentation of the lecture ‘Long Run Economic Prospects of AI – revolution: New Industries to emerge … or not …’ Under protected personal rights, freedom, and property, AI and Robotization do not pose a threat but promise great economic advancement. The Alternative: AI and robots under strict state control lead to a dystopian future.

(5) On Some Problems and Long-Run Prospects of Doing Business in Israel

This presentation addresses the lecture ‘On Some Problems and Long-Run Prospects of Doing Business in Israel’. It examines how several factors negatively impact Israel’s business climate, including: 1. An overly powerful social bureaucracy 2. An excessively active judiciary and public prosecution 3. Mandatory ‘social solidarity’ policies 4. Positive discrimination (‘affirmative action’) practices Despite these challenges, the presentation also explores reasons for optimism regarding future improvements in Israel’s business environment, particularly when compared to other developed nations.

(6) Israel as a place to live and do Business: a Country Where You Can Make a difference

Limitations on the voters’ ability to influence policy and the Rule of Law in Israel are deeply embedded in the country’s historical context. However, these constraints are increasingly acknowledged by society, leading to potential opportunities for reform. As awareness grows, the path to resolving these issues could emerge, and with strategic effort, the political process that opens these ‘windows of opportunity’ can be accelerated at a reasonable cost.

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