Johnny Munkhammar skrev på denna blogg från 2004 till sin död 2012. Bloggen är upprätthållen som ett minne och som referens till Johnnys arbete av Johnny Munkhammars minnesfond.

This blog was operated by Johnny Munkhammar from 2004 until 2012 when he passed away. This blog is now in a memorialized state and operated by the Johnny Munkhammar fund.
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Friday 2019-11-22, 06:23:55

2008-11-11 22:05:09
Openness and Free Economy Bring More Stability. Today, here in Belgium, most everything is closed. Today, 90 years ago, World War I ended - at 11 o′clock on the 11th of the 11th month 1918. But the European Parliament is up and running, as well as various seminars - not least on financial markets.

I read in the leatest edition of the great Swedish magazine Neo some facts that should make today?s protectionists think again. First, one study that shows that a country that increases trade as a share of GDP by 10 per cent decreases the risk of lower growth or crises by a third. Second, another study shows that 26 out of 40 countries that opened up their economies in the 1990s had lower variations in their growth rates.

Counter-intuitive, perhaps, but even more important facts because of it.

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