-rich Arab world to achieve sustained growth, the Arab spring should not only bring democracy, as badly needed as it is, but …

Does diversification of an economy improve the chances of democracy? This paper estimates the effect of export … diversification on democracy levels, using data from 143 countries. The endogeneity of diversification is addressed by using … diversification has a significant, positive effect on levels of democracy. This suggests that less concentrated economic power in a …

, lack of interest of the state elites in profound changes, underdevelopment of democracy etc. among them. Democracy is … verify the assumption that modernization is closely associated with democracy using Polity IV and Freedom House indicators in … Ukraine. As a result, the democracy level does not appear to be a consequence of the economic reforms success in Ukraine. Thus …

After evening out all the benefits and costs, the overall optimal level of democracy is about 3.2, on a scale of 1 to 7 … have a conditioned growth rate of 1.146 while countries with the optimal level of democracy/autocracy have a conditioned … growth rate of 2.665. In the case of a fully dictatorial country, moving one unit towards democracy can raise the GDP growth …

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 …

adopted democracy with universal suffrage at independence. But extractive economic institutions, inherited from the British …

, specifically, the controversial question of the relationship between democracy and quality of life. Feng systematically studies … theory and country-specific case studies, Democracy, Governance, and Economic Performance demonstrates that political … the direct effects of the three key political variables on economic growth and the indirect effects of democracy in terms …

Using cross-country data, we find evidence for a significant negative interaction effect between democracy and … inequality in determining the quality of growth-promoting institutions like rule of law. Democracy is associated with …