Does democracy induce financial development? There are good theoretical reasons to believe this to be the case. However … fact by unpacking democracy. We posit that only democracies that appeal to the median voter, because they have adopted …

This paper develops a comprehensive theory of support for democracy. Building on instrumental and culturalist … approaches, the theory argues that experience with democracy conditions the extent to which economic and political performance … democracy grows older, while the opposite should be true about political performance. These arguments are evaluated using …

power -- Blocking opposition : political representation and limited democracy -- Locking-in neoliberalism : independent … central banks and fiscal spending rules -- Lessons. Neoliberal resilience and the future of democracy. … democracy's future." …

Franco regime, whose replacement by a vigorous democracy made those achievements even better. Much of the criticism of the … / Margarita Fajardo -- From 'showcase' to 'failure' : democracy and the Colombian developmental state in the 1960s / Robert Karl … the paradoxes of development / Brodwyn Fisher -- Authoritarianism, democracy, and development in Latin America and Spain …

This paper provides an empirical investigation of the “social capital” theories that link civil society and democracy … society is also positively correlated with human development. Using a simple regression analysis, we discover that democracy …

tries to identify the effect of democracy on economic prosperity, little work has been done to understand the determinants … of economic growth under democracy. This paper examines whether the determinants of economic growth in Latin America are …