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, only the regime durability granger causes democracy. These results suggest that economic growth through strong institutions …This paper investigates the relation between economic growth and democracy for Côte d’Ivoire for the period 1960 to … economic growth and democracy to move together in the long run, they need to be associated with regime durability. The tests …
Persistent link: https://www.econbiz.de/10011245957
of GDP growth. The paper finally suggests a positive correlation between democracy and economic development. …
Persistent link: https://www.econbiz.de/10005357744
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 …
Persistent link: https://www.econbiz.de/10009402041
, which focuses on how democracy, polity and autocracy affect financial development dynamics of depth, efficiency, activity … financial intermediary depth, activity and size. Democracy has important effects on the degree of competition for public offices … wealthy states. (4) On average English common-law countries have better democratic institutions that their French civil …
Persistent link: https://www.econbiz.de/10009402046
distributed unequally and institutions do not ensure political commitments. The results imply that for any level of development … there exists a distribution of resources such that democracy emerges in equilibrium, but there are distributions of … resources for which democracy is infeasible in equilibrium irrespective of the level of development. The model also delivers …
Persistent link: https://www.econbiz.de/10009493564
to the event of becoming a democracy. We find that democratization leads to a more market-based financial system … on financial structure we estimate a separate model and find that democracy matters. We also find that countries with … estimation, alternative measures of democracy and financial structure, and across different samples. …
Persistent link: https://www.econbiz.de/10009644814
development in general, play a positive role on democracy. We also test for the critical junctures hypothesis, or whether … important condition for democracy to mature and survive, which-- in times of a new democratisation wave taking place in …
Persistent link: https://www.econbiz.de/10009647196
development path from monarchy to oligarchy and .nally to democracy with full surage. When it is too costly for any group of …
Persistent link: https://www.econbiz.de/10009365197
whether democracy needs development for its own consolidation. We use a sample of all nine countries that re-democratised in … that income, or development in general, plays a positive role in "sustaining" democracy. Moreover, the exogenous version of … relatively poorer and democracy a rather elusive concept in the region. We also test for the critical junctures hypothesis, or …
Persistent link: https://www.econbiz.de/10010640958
whereas every long-lived democracy is. This paper puts forth a theory to account for these observations. The theory rests on …
Persistent link: https://www.econbiz.de/10008465242