Showing 1 - 10 of 1,098
policies and structural reforms, particularly privatization, contributed to the growth recovery. We also conclude that the … faster is the speed of reforms, the quicker is the recovery and the higher is growth …
Persistent link: https://www.econbiz.de/10014156715
workforce education should promote better management, and ultimately faster economic growth …
Persistent link: https://www.econbiz.de/10013067648
important in explaining the growth of the transition countries in the years since the end of the Cold War. In the mid 90s a … large empirical literature attempted to relate growth to policy measures. A standard conclusion of this literature was the … results suggest that, contrary to the earlier literature, the speed of privatization is negatively associated with growth, but …
Persistent link: https://www.econbiz.de/10013234403
Over the last two centuries, many countries experienced regime transitions toward democracy. We document this … democratic transition over a long time horizon. We use historical time series of income, education and democracy levels from 1870 … to 2000 to explore the economic factors associated with rising levels of democracy. We find that primary schooling, and …
Persistent link: https://www.econbiz.de/10013120286
now until 2040, they will not be able to match the surges in growth that will occur in South and East Asia. In 2040, the …'s global share of GDP means that liberal Asian nations will be poised to take up the role of promoting liberal democracy …
Persistent link: https://www.econbiz.de/10012760039
We explore the question of how political institutions and particularly democracy affect economic growth. Although … democracy influences productivity growth in different sectors differently and that this differential effect may be one of the … empirical evidence of a positive effect of democracy on economic performance in the aggregate is weak, we provide evidence that …
Persistent link: https://www.econbiz.de/10012760042
years. Democratic capital -- measured by a nation's historical experience with democracy and by the incidence of democracy … in its neighborhood -- reduces the exit rate from democracy and raises the exit rate from autocracy. In democracies, a … higher stock of democratic capital stimulates growth in an indirect way by decreasing the probability of a successful coup …
Persistent link: https://www.econbiz.de/10012761656
We document a change in the character and quality of Turkish economic growth with a turning point around 2007 and link … this change to the reversal in the nature of economic institutions, which underwent a series of growth-enhancing reforms … deepening in Turkish democracy under the prodding and the guidance of the European Union, and witnessed the waning of the …
Persistent link: https://www.econbiz.de/10013014300
opposed to majoritarian) and permanent (as opposed to temporary) democracy appear to produce the most growth …, institutions and growth. Drawing on cross-sectional as well as panel data, it presents new empirical results showing that the form … of democracy (rather than democracy vs. non-democracy) has important consequences for the adoption of structural polices …
Persistent link: https://www.econbiz.de/10014066490
from power. And in the short run, faster economic growth increases the leader's odds of survival. This logic--for which I … provide evidence at the levels of individual countries and the world--helps explain why democracy advances in waves followed … to leap to a higher level of democracy when they are eventually overthrown …
Persistent link: https://www.econbiz.de/10013123698