Gundlach, Erich (contributor); Paldam, Martin (contributor) - 2008
hypothesis is the one of Critical Junctures, which is a part of the Primacy of
Institutions view. It goes back to Douglas North … and democracy
are held to be driven by the power structure of the political system. Hence, countries that
make different …, the main direction of causality runs from the
political system to economic development, and the observed correlation …