This paper proposes a “before-and-after” approach to empirical examination of the relationship between democracy and … evidence indicates that an improvement in growth performance typically follows the transformation to democracy. Moreover …, growth under democracy appears to be more stable than under authoritarian regimes. Interestingly, wealthy countries often …

This paper proposes a “before-and-after” approach to empirical examination of the relationship between democracy and … evidence indicates that an improvement in growth performance typically follows the transformation to democracy. Moreover …, growth under democracy appears to be more stable than under authoritarian regimes. Interestingly, wealthy countries often …

The years following the Second World War were those of the greatest economic growth that Europe had ever seen. If the …. Since 1973, with petroleum crashes, the process of growth has slowed down in Europe, but it was only after 1985 that Ireland …

The years following the Second World War were those of the greatest economic growth that Europe had ever seen. If the …. Since 1973, with petroleum crashes, the process of growth has slowed down in Europe, but it was only after 1985 that Ireland …

'elaborated' by his followers by inference from Marx's criticism of capitalism and by inclusion of principles that did originate …

This short paper was presented in the discussion at the CESES conference about 'the Prices in Eastern Europe' in …

The paper contrasts Lipset’s modernization hypothesis and Przeworski- Limongi hypothesis that entries into democracy … are random with respect to income. We use data on income and democracy going back to 1820, multiple definitions of … democracy, and non-parametric testing focusing on the distribution of entrants’ incomes. We find that income matters for entry …