Giuliano, Paola; Mishra, Prachi; Spilimbergo, Antonio - 2009
Empirical evidence on the relationship between democracy and economic reforms is scarce, limited to few reforms and … countries and for few years. This paper studies the impact of democracy on the adoption of economic reforms using a new dataset … 150 countries over the period 1960-2004. Democracy has a positive and significant impact on the adoption of economic …