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Corruption is widely believed to negatively affect economic growth. However, many East and Southeast Asia countries either achieved or currently are achieving impressively rapid economic growth despite widespread corruption - the 'East Asian Paradox'. Is this negative relationship equally likely...
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Democracy, income inequality and economic development are considered to be interlinked with one another in a complex … important consequences for the economic growth and level of income inequality. We analyzed the interaction among democracy … that democracy, income inequality and economic development are endogenously interlinked in Pakistan. The significance of …
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There is a growing literature studying the effects of economic freedom and democracy on income inequality; nevertheless … Standardized World Income Inequality (SWIID) version 5.0 for a sample of countries up to 115 over 1970–2014 period, and via dynamic … democracy is estimated. The findings demonstrate that economic freedom has positive effect on income inequality. The estimated …
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"The authors use a sample of 147 countries to investigate the link between democracy and reforms. Democracy may be … but bring future prosperity. This paper tests these hypotheses, using data on micro-economic reforms from the World Bank … economic institutions. The results provide robust support for the claim that democracy is good for growth-enhancing reforms …
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