-shaped relationship between political liberalization and growth is found, such that a rise in democracy levels promotes growth only under … surprisingly small coefficients. -- Transition Economics ; Public Choice ; Democracy ; Growth …This paper revisits the relation between democracy, liberalization, and prosperity in transition countries, using a …

ethnic fractionalization on economic growth across countries using unique time-varying measures. We first replicate the … finding of a weak effect of exogenous diversity on growth and then we show that accounting for how diversity changes over time … latitude), it shows a significant negative impact on economic growth which is robust to different specifications, polarization …

Growth empirics with institutional measures is performed for 25 transition countries overthe period 1990-95. Estimation … results suggest that (particularly state) institutions aresignificant for growth and, especially, foreign direct investment … is more likely to be a (direct) causation. Only inflation and war seem to have beenrelatively more important for growth …

Using a new set of micro evidence from an original survey of 28 transition countries, we show that democracy increases … reformist parties in the former socialist block lies in a deepening of democracy. -- Democracy ; income inequality …

to contribute to the debate by examining the type of institutions which have been the most important for growth in … classical growth factors such as investment and export turn out to be more important for growth than institutions. …