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increases in Latin America over the last decade. Government attempts to restore fiscal health have been undermined by a …
Persistent link: https://www.econbiz.de/10011914250
relationship according to which democracy is a determinant of economic development? Or is it, conversely, economic development that …
Persistent link: https://www.econbiz.de/10010267954
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 …
Persistent link: https://www.econbiz.de/10003464054
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 …
Persistent link: https://www.econbiz.de/10012724317
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 …
Persistent link: https://www.econbiz.de/10010420025
Governments can play great roles in their countries, regions, and cities; facilitating or leading the resolution of festering problems and opening new pathways for progress. Examples are more numerous than one might imagine and raise an important question: 'how do governments become great?'....
Persistent link: https://www.econbiz.de/10010128322
Evidence from a novel measure of democracy (SVMDI) based on Support Vector Machines highlights a robust positive … relationship between democracy and economic growth. We argue that the ambiguity in recent studies can be traced back to the neglect … of the information in the equation in levels and the lack of sufficient sensitivity of traditional democracy indicators …
Persistent link: https://www.econbiz.de/10010517021
Does democracy increase economic growth? Previous literature tends to find a positive effect but does also suffer from …
Persistent link: https://www.econbiz.de/10010392574
the interplay between democracy, social opportunity and economic security, drawing upon survey data to explore popular …, political explanations that have been proffered for this apparent anomaly. Finally, the impact of democracy on poverty reduction …
Persistent link: https://www.econbiz.de/10012837020
the swing voters strengthen the positive association between democracy and growth …
Persistent link: https://www.econbiz.de/10012970508