zwei institutionellen Faktoren, Demokratie und politische Stabilität, und ausländischen Direktinvestitionen anhand eines …-Modells von Dunning und der Institutionentheorie ist das Hauptergebnis, dass Demokratie einen signifikant positiven Effekt auf … institutional factors, democracy and political stability, and FDI using a large panel dataset of secondary data covering the years …

volatility as a two-equation system, and find that higher levels of democracy and diversification lower volatility, whereas … volatility itself reduces growth. Muslim countries instrument for democracy, and measures of diversification identify volatility … than focus on growth, this paper forges an alternative link between democracy and development through the volatility …