Is democracy good for growth? | Development at political transition time matters
Is democracy a better political regime for economic prosperity than autocracy? This paper shows that the answer depends on the initial economic development level during the democratic transition when the foundation of institutions was laid. Democracy facilitates growth only in countries that already...
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Main Authors: | SIMA, Di, HUANG, Fali |
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Format: | text |
Language: | English |
Published: |
Institutional Knowledge at Singapore Management University
2023
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Online Access: | https://ink.library.smu.edu.sg/soe_research/2661 https://ink.library.smu.edu.sg/context/soe_research/article/3660/viewcontent/2022_1127_Is_Democracy_Good_for_Growth.pdf |
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Institution: | Singapore Management University |
Language: | English |
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