This paper throws new light on the relationship between income and democracy. Using data for 162 countries over 1960 … political instability, while other potential mechanisms, such as education, investment and inequality, lack comparable empirical … support. These findings are robust to, among others, using night-lights instead of GDP, different democracy measures and …

Developing countries face a trade-off between the twin objectives of structural transformation and inclusive growth … growth' and 'growth without inclusion'. We argue that the trade-off in each of these episodes is explained by political … political competition. Third, the lack of manufacturing growth intensified the dilemma in the Indian context. Finally, we …

democratization that only occur when institutions are still relatively weak, rather than due to growth or inequality changes. When the … are more important for poverty reduction than institutions that capture formal aspects of democracy. …

democracy (186 countries, 1960-2014). The method takes its name from a machine learning technique for pattern recognition and … results are affected by conceptual and methodological changes in the measure of democracy. In particular, we show that …

According to a wide literature, oil has a negative effect on the level of democracy because of induced economic and … an estimate of the oil-democracy demultiplier. Moreover, we obtain an indicator of the surplus/deficit of democracy …