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We explore the question of how political institutions and particularly democracy affect economic growth. Although empirical evidence of a positive effect of democracy on economic performance in the aggregate is weak, we provide evidence that democracy influences productivity growth in different...
Persistent link: https://www.econbiz.de/10012776823
We explore the question of how political institutions and particularly democracy affect economic growth. Although empirical evidence of a positive effect of democracy on economic performance in the aggregate is weak, we provide evidence that democracy influences productivity growth in different...
Persistent link: https://www.econbiz.de/10012760042
Developmental States in Africa pioneered by Nkrumah's Pan-Africanism, Nyerere's Ujamaa, and Kaunda's Humanism were the first attempts to involve the local African citizenry in the ownership of the means of production to improve their livelihoods during the post-independence era. However due to a...
Persistent link: https://www.econbiz.de/10013017026
We explore the question of how political institutions and particularly democracy affect economic growth. Although empirical evidence of a positive effect of democracy on economic performance in the aggregate is weak, we provide evidence that democracy influences productivity growth in different...
Persistent link: https://www.econbiz.de/10012465474
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