International

Chile's New Pension Reforms

In 2008 Chile initiated a major reform to its personal account social security system. The personal account system, established in 1981, replaced a traditional pay-as-you-go (PAYGO) system in which wo…

Health Care Reform: Do Other Countries Have the Answers?

Although national health insurance has considerable support within the medical profession, the degree to which patient empowerment, individual choice, competition, and market incentives are being cons…

Measuring the Unfunded Obligations of European Countries

Europe is undergoing two major transitions. On the demographic front, many European countries are undergoing rapid population aging as their Baby Boom generations enter retirement, senior citizens liv…

Economic Freedom and Economic Growth in Mexico

Over the last 25 years, the wage gap between Mexico and the United States has grown progressively wider, making U.S. jobs increasingly attractive. This is a major reason for the increasing influx of i…

Wealthier Is Healthier: A Better Way to Aid Africa

It is increasingly clear that economic freedom, good governance and rule of law are key drivers in promoting economic growth and reducing poverty.  In Sub-Saharan Africa, unfortunately, economic freed…

Increasing America’s Domestic Fuel Supply by Building New Oil Refineries

Rising oil and gasoline prices have many causes that are beyond the control of the U.S. government.  However, government policies have contributed to higher prices by reducing domestic refining capaci…

Medical Tourism: Global Competition in Health Care

Global competition is emerging in the health care industry.  Wealthy patients from developing countries have long traveled to developed countries for high quality medical care.  Now, a growing number…

Trade Is the Best Aid for Africa

The 48 countries south of the Sahara desert in Africa make up the most impoverished and diseased region of the world. Although wealthy countries have poured more than $450 billion of development assis…