the positive relationship between democracy and industrial diversification. … ask whether democracy also has a stabilizing effect on trend-volatility, i.e. whether more democratic countries experience … policies and financial development, we find that democracy is the most robust predictor of a country's propensity for growth …

The Varieties of Capitalism literature has drawn little attention to industrial renewal and diversification, while the … related diversification literature has neglected the institutional dimension of industrial change. Bringing together both … literatures, the paper proposes that institutions have an impact on the direction of the diversification process, in particular on …

The Varieties of Capitalism literature has drawn little attention to industrial renewal and diversification, while the … related diversification literature has neglected the institutional dimension of industrial change. Bringing together both … literatures, the paper proposes that institutions have an impact on the direction of the diversification process, in particular on …

principles of the theory of "developmental state." Implementing import substitution, we should seek to production diversification …

Diversification, especially in the context of small, highly trade-dependent economies, has recently become quite a …-income countries seeking to improve their economic conditions or strengthen their economies. However, diversification per se is not …-making, and assessing the circumstances under which economic diversification can indeed be a desirable goal for a country to …

In this paper, the role of crop specialization and diversification in the process of agricultural transformation is …

democracy and industrial diversification. … high barriers of entry for new firms. This leads to less sectoral diversification and so, in an uncertain environment, to …