Long-term growth in developing countries has been explained in four frameworks: ‘extractive colonial institutions … the disease environment on African long-term growth runs through a human capital channel rather than an extractive-institutions …, contra Acemoglu et al., (2001). Further, we find that instrumented human capital explains long-term growth better, and shows …

components in the development of the continent: law, democracy and quality of government. Political regimes of democracy, polity …-stability, regulation quality and rule of law. Findings indicate democracy has an edge over autocracy while the later and polity overlap. A … democracy that takes into account only the voice of the majority is better in government quality than autocracy, while a …

, which focuses on how democracy, polity and autocracy affect financial development dynamics of depth, efficiency, activity … financial intermediary depth, activity and size. Democracy has important effects on the degree of competition for public offices … wealthy states. (4) On average English common-law countries have better democratic institutions that their French civil …

-institutional conditions, quality of life indicators and economic growth in the Italian regions. Previous studies stress the importance of … on this literature, we consider a three-sector model of semi-endogenous growth with negative externalities depending on … the successful translation of innovation into economic growth. It is suggested that generating a development strategy …

in a political system have on economic growth. Using analysis of panel data from more than countries over the period 1970 …-2010 we find that the growth effects of property rights increase when political power is divided among more veto players. When … distinguishing between institutional veto players (political institutions) and partisan veto players (fractionalization among …

autocracy or democracy on economic growth. The aggregate growth of the economy under the autocracy remained better as compared …Pakistan showed a healthy growth rate of 5.6 percent during the entire history and faced many ups and down in the … economic growth due to dramatic changes in the political regimes. The literature shows mixed results regarding the impact of …

and/or growth path, namely they experience a 'governance deficit', which we suggest it can be quantified. We also review …