increases in Latin America over the last decade. Government attempts to restore fiscal health have been undermined by a …

relationship according to which democracy is a determinant of economic development? Or is it, conversely, economic development that …-being. -- democracy ; development ; Lipset hypothesis ; causal effect ; growth ; political institutions …

financial and physical capital, it has been suggested that democracy is a necessary but insufficient condition for economic … for 161 countries. The results of this analysis support the idea that democracy acts indirectly through economic freedom … to enhance prosperity. The causal relationships between democracy, economic freedom, and prosperity are self-perpetuating …

Does democracy increase economic growth? Previous literature tends to find a positive effect but does also suffer from …

with the way democracy works) influences how a certain government size affects growth. On the positive side, a legitimate …While previous research documents a negative relationship between government size and economic growth, suggesting an … economic cost of big government, a given government size generally affects growth differently in different countries. As a …

the swing voters strengthen the positive association between democracy and growth …