growth and dynamic welfare with special reference to South Africa. While water may become a limiting factor for future … development in general, as a drought prone and water poor country with rapid population growth, South Africa may face more serious …

Emerging markets (EM) face their fifth consecutive year of slowing growth and a possibly longer period of sluggish … responses to the growth slowdown in EM. It reports three main results. First, the slowdown is synchronous and protracted … productivity growth, bouts of policy uncertainty, and an erosion of policy buffers. Both structural and cyclical factors have …

-term growth. Once unobserved country-specific effects and other sources of endogeneity are accounted for, political institutions … affect growth through their interaction with crises. The results suggest that only countries with strong democracies, high … opportunities to enhance long-term output per capita and productivity growth. …

In this paper, we aim to contribute to the recently growing body of political economy literature on growth regimes …. Theoretically, we apply the demand and growth regime approach developed within post-Keynesian macroeconomics. This is complemented … growth regime by using the concept of dominant social blocs and their growth strategies. We posit that the concept of growth …

Analysis of the growth patterns in the global South in the 21st century suggests there is room for authoritarian states … to search for new growth models. Authoritarian states, such as Turkey and Egypt, benefited from global financial … circumstances in the early 21st century and opted for new growth models in the 2010s, suppressing political space further. To …

Both institutional quality and institutional stability have been argued to stimulate economic growth. But to improve … institutional instability. We investigate the growth effects of institutional quality and instability, using the political risk … the aggregate index, we find evidence that institutional quality is positively linked to growth. While institutional …

Does democracy increase economic growth? Previous literature tends to find a positive effect but does also suffer from … impact on economic growth. This paper narrows down the question to empirically estimating the causal effect of local … elections on local economic growth in Indonesia by using a quasi-experimental research method. The first direct elections of …

While growth has increased in Tanzania during the past five or six years, it is still too low to have a visible impact …