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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. …
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This paper discusses the recent literature on the role of the state in economic development. It concludes that government incentives to enact sound policies are key to economic success. It also discusses the evidence on what happens after episodes of economic and political liberalizations,...
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liberalizations correspond to the event of becoming a democracy. Using a difference-indifference estimation, we ask what are the …
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