Paldam, Martin; Gundlach, Erich - School of Economics and Management, University of Aarhus - 2007
of the two views. Property rights do affect development as suggested by the PoI. However, democracy is mainly an effect … the two views. Property rights do affect development as
suggested by the PoI. However, democracy is mainly an effect of …, primacy of institutions, democracy, corruption, development
Jel: B25, O1 …