Empirical evidence on the relationship between democracy and economic reforms is scarce, limited to few reforms and … countries and for few years. This paper studies the impact of democracy on the adoption of economic reforms using a new dataset … 150 countries over the period 1960-2004. Democracy has a positive and significant impact on the adoption of economic …

federal democracy. Federal democracy is a rich, compound, concept that supports responsive and accountable government …, participation in public life, policy innovation and collective action where appropriate. Federalism and democracy are inextricably … Australian Constitution. The Constitution itself federalises democracy; limits the authority of each sphere of government by …

The authors use a sample of 147 countries to investigate the link between democracy and reforms. Democracy may be … economic institutions. The results provide robust support for the claim that democracy is good for growth-enhancing reforms. …