interconnected threshold hypotheses: (1) in countries where law and order is strong enough, democratization stimulates economic … growth, whereas in countries with poor law and order democratization undermines growth; (2) if democratization occurs under …

There are two innovations as compared to the previous literature on democratization and growth. First, not only the … corruption indices. It is found that democratization in countries with strong rule of law (liberal democracies) stimulates … economic growth, whereas in countries with poor rule of law (illiberal democracies) democratization undermines growth. In …

interconnected threshold hypotheses: (1) in countries where law and order is strong enough, democratization stimulates economic … growth, whereas in countries with poor law and order democratization undermines growth; (2) if democratization occurs under …