We examine the direction of causality between growth and democratization for the high performing Asian economies using … direction of causality runs consistently from democratization to growth and not the other way around. Rapid growth in the high … growth is not always positive. Against the widely-held view that growth enhances democratization, our evidence suggests that …

not state versus market, or growth versus equity, or dynamism versus security. It is the jointly determined functioning of …

components in the development of the continent: law, democracy and quality of government. Political regimes of democracy, polity …-stability, regulation quality and rule of law. Findings indicate democracy has an edge over autocracy while the later and polity overlap. A … democracy that takes into account only the voice of the majority is better in government quality than autocracy, while a …

propensity to effect policies that favour the development of financial intermediary depth, activity and size. Democracy has … policies towards financial development. As a policy implication, once democracy is initiated, it should be accelerated (to edge …

African countries for the period 1994-2010. Political regimes of democracy, polity and autocracy are instrumented with income … that democracy has an edge over autocracy while the latter and polity overlap. As a policy implication, democracy once …

of GDP growth. The paper finally suggests a positive correlation between democracy and economic development. …

institutions, and are robust to the use of alternative data and estimation techniques. -- critical junctures ; democracy ; economic … democracy disappears once including country fixed effects. This paper tests the hypothesis that the effect of income on … democracy might differ systematically across countries. A replication of the estimation in a less restrictive empirical …

African countries for the period 1994-2010. Political regimes of democracy, polity and autocracy are instrumented with income … that democracy has an edge over autocracy while the latter and polity overlap. As a policy implication, democracy once …

propensity to effect policies that favour the development of financial intermediary depth, activity and size. Democracy has … policies towards financial development. As a policy implication, once democracy is initiated, it should be accelerated (to edge …