This article challenges recent findings that democracy has sizable effects on economic growth. As extensive political … called endogenous, and those grounded in reasons more exogenous to economic growth. The behavior of economic growth following … these more exogenous democratizations strongly indicates that democracy does not cause growth. Consequently, the common …

spending across different functions to achieve higher growth. While most papers restrict their analysis to the size of … government, much less is known about the composition of spending and its implications for long-term growth. This paper sheds … expenditures, enhance growth in Latin America. This paper uses a novel dataset on physical and human capital and detailed public …

This paper seeks to identify the most promising fiscal strategy to boost long-term economic growth in Argentina and … quantify its effects. To this end, the authors updated a growth-diagnostics study for Argentina and corroborated that low … improved appropriability and long-term growth. …

macroeconomic imbalances, high inflation, low growth, as well as low-quality public policies. When redistributive efforts are short … that reduce growth and thwart poverty reduction efforts. The argument of this paper is that there are various possible …

features that seem to determine development depends on the workings of political institutions, which define how the …