Is democracy good for growth? Development at political transition time matters

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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Bibliographic Details
Main Authors: SIMA, Di, HUANG, Fali
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2023
Subjects:
Democracy
Growth
Economic Development
Institutions
Critical Juncture
Democratization
Modernization
Human Capital
Growth and Development
Political Economy
Online Access:https://ink.library.smu.edu.sg/soe_research/2664
https://ink.library.smu.edu.sg/context/soe_research/article/3663/viewcontent/Is_Democracy_Good_for_Growth_sv.pdf
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Institution: Singapore Management University
Language: English

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https://ink.library.smu.edu.sg/soe_research/2664
https://ink.library.smu.edu.sg/context/soe_research/article/3663/viewcontent/Is_Democracy_Good_for_Growth_sv.pdf

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