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thus supports the notion that there is a positive relationship between democracy and economic growth. …
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Estimating two-step selection models, we find that more democratic governments are more likely to conclude preferential trade agreements (PTAs) and to agree to stricter investment provisions related to pre-establishment national treatment and investor-state dispute settlement in PTAs. This is...
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member nations have lost substantial political and economic independence (sovereignty) and democracy. Therefore, their … development. Democracy in member nations is formal rather than real. The present study focused on the EU's problems rather than … efforts on the pros and cons of the EU for Europe, democracy, the economy, and the world. …
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