Boese, Vanessa Alexandra; Eberhardt, Markus - 2023 - This version: July 6th, 2023
Recent empirical work has established that 'democracy causes growth'. In this paper, we determine the underlying … institutions, as witnessed recently in many countries, may jeopardise the perpetual growth effect of becoming a liberal democracy … institutions which drive this relationship using data from the Varieties of Democracy project. We sketch how incentives and …