generalizes across all institutions (private, public, commercial) of society, the less it is able to sustain itself, as every …

generalizes across all institutions (private, public, commercial) of society, the less it is able to sustain itself, as every …

, which focuses on how democracy, polity and autocracy affect financial development dynamics of depth, efficiency, activity … financial intermediary depth, activity and size. Democracy has important effects on the degree of competition for public offices … wealthy states. (4) On average English common-law countries have better democratic institutions that their French civil …

components in the development of the continent: law, democracy and quality of government. Political regimes of democracy, polity …-stability, regulation quality and rule of law. Findings indicate democracy has an edge over autocracy while the later and polity overlap. A … democracy that takes into account only the voice of the majority is better in government quality than autocracy, while a …

and/or growth path, namely they experience a 'governance deficit', which we suggest it can be quantified. We also review …

Long-term growth in developing countries has been explained in four frameworks: ‘extractive colonial institutions … the disease environment on African long-term growth runs through a human capital channel rather than an extractive-institutions …, contra Acemoglu et al., (2001). Further, we find that instrumented human capital explains long-term growth better, and shows …

African countries for the period 1994-2010. Political regimes of democracy, polity and autocracy are instrumented with income … that democracy has an edge over autocracy while the latter and polity overlap. As a policy implication, democracy once …

generalizes across all institutions (private, public, commercial) of society, the less it is able to sustain itself, as every …