performance of democracy is rather independent of the circumstances. However, democracy leads to more redistribution in favor of … health provision in more unequal societies. "--World Bank web site …

"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 …

We explore the question of how political institutions and particularly democracy affect economic growth. Although … empirical evidence of a positive effect of democracy on economic performance in the aggregate is weak, we provide evidence that … democracy influences productivity growth in different sectors differently and that this differential effect may be one of the …

that increases in income are conducive to increases in democracy levels. This doubt stems mainly from the fact that while a … strong positive correlation exists between income and democracy levels, the relationship disappears when one controls for …, such as institutional quality. In this paper, we reexamine the robustness of the income-democracy relationship. We extend …