Does democracy promote economic development? This paper reviews recent attempts to address this question that exploited … explain why presidential democracy leads to faster growth than parliamentary democracy. Third, it is important to distinguish … growth effect of democracy. …

This paper shows how a world price shock can increase the likelihood that democratization must be used to resolve the … price shock can push the country into a situation where the elite face a commitment problem that only democratization can … of national income per capita and democracy may not be positively correlated. The model is also useful for understanding …

: extended institutional and governance quality, democracy, voice and accountability, a well functioning system of law and order …

-seeking mainly among the economic and political elite, whereas the middle period exemplifies the “democratization” of rent …

This is Part 1 of a two-part paper which surveys the historical evidence on the role of institutions in economic growth … that private-order institutions have not historically substituted for public-order ones in enabling markets to function …, clarify the growth effects of other institutions, including contract-enforcement mechanisms, guilds, communities, serfdom, and …

Is human capital a robust predictor of good institutions? Using a new institutional quality measure, the International …

This is Part 2 of a two-part paper which surveys the historical evidence on the role of institutions in economic growth … that private-order institutions have not historically substituted for public-order ones in enabling markets to function …, clarify the growth effects of other institutions, including contract-enforcement mechanisms, guilds, communities, serfdom, and …

A substantial literature has examined the determinants of support for democracy and although existing work has found a … are less supportive of democracy than males in a number of countries. Using data for 20 Sub-Saharan African countries, we …