Showing 1 - 10 of 2,555
of democracy (rather than democracy vs. non-democracy) has important consequences for the adoption of structural polices … opposed to majoritarian) and permanent (as opposed to temporary) democracy appear to produce the most growth …
Persistent link: https://www.econbiz.de/10012467514
This is an attempt to derive broad, strategic lessons from the diverse experience with economic growth in last fifty years. The paper revolves around two key arguments. One is that neoclassical economic analysis is a lot more flexible than its practitioners in the policy domain have generally...
Persistent link: https://www.econbiz.de/10012468644
When democracy is new, it is often fragile and not fully consolidated. We investigate how the danger of a collapse of … democracy may affect fiscal policy in new democracies in comparison to countries where democracy is older and often more … established. We argue that the attitude of the citizenry towards democracy is important in preventing democratic collapse, and …
Persistent link: https://www.econbiz.de/10012465191
The paper stresses the evolutionary and adaptive experience of Latin American growth between 1950 and 1980, and provides a synthetic view by considering the sources of growth within a simple production framework. Regressions use quinquennial panel data for 18 Latin American countries.They...
Persistent link: https://www.econbiz.de/10012475880
This essay offers an economic-history perspective of the long struggle towards macroeconomic stability. The paper is a broad analytical overview of major exogenous shocks and shifts in macroeconomic policy and institutions in Israel since the 1977-1985 great inflation through the global...
Persistent link: https://www.econbiz.de/10012479766
most effective ones for processing and aggregating local knowledge. Democracy is a meta-institution for building good …
Persistent link: https://www.econbiz.de/10012471235
-30 percent were Mexico to attain a level of democracy comparable to that prevailing in the U.S …
Persistent link: https://www.econbiz.de/10012472453
than is that of other country pairs only after World War II. Before 1914 and between the World Wars, there is no difference …
Persistent link: https://www.econbiz.de/10012473888
Growth and democracy (subjective indexes of political freedom) are analyzed for a panel of about 100 countries from …, the overall effect of democracy on growth is weakly negative. There is a suggestion of a nonlinear relationship in which … democracy enhances growth at low levels of political freedom but depresses growth when a moderate level of freedom has already …
Persistent link: https://www.econbiz.de/10012473998
World Poll, starting in 2005 and extending to 2017 or 2018. In our analysis of the panel of more than 150 countries and … government is correlated with happiness, however forms of democracy and government spending seem not. We further discuss three …
Persistent link: https://www.econbiz.de/10012479363