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democracy and a market economy with different speed and sequencing. The related political-economy issues gave rise to an ongoing … debate on the question as to whether the introduction of democracy in view of comprehensive economic reforms may better be … delayed. After some theoretical considerations around governance, democracy, and reforms an overview of empirical studies on …
Persistent link: https://www.econbiz.de/10010300891
democracy and a market economy with different speed and sequencing. The related political-economy issues gave rise to an ongoing … debate on the question as to whether the introduction of democracy in view of comprehensive economic reforms may better be … delayed. After some theoretical considerations around governance, democracy, and reforms an overview of empirical studies on …
Persistent link: https://www.econbiz.de/10003838585
controlling for endogeneity of liberalization in growth). (2) Democracy facilitates economic liberalization. (3) Because of its … effect on liberalization, democracy has a positive overall effect on growth. Nevertheless, the marginal effect of democracy … subsequent democracy appears negative. (5) Economic performance is an important determinant of electoral outcomes and, in …
Persistent link: https://www.econbiz.de/10014126744
democratization has a sizeable negative effect on loan spreads: a one-point increase in the zero-to-ten Polity IV index of democracy …
Persistent link: https://www.econbiz.de/10011761252
We investigate the effects of economic crises on the subsequent economic performance, economic reform, democratization and institutional change. Our analysis is based on a sample of post-communist countries, most of which experienced severe economic crises during the 1990s. We find that the...
Persistent link: https://www.econbiz.de/10010280828
We investigate the effects of economic crises on the subsequent economic performance, economic reform, democratization and institutional change. Our analysis is based on a sample of post-communist countries, most of which experienced severe economic crises during the 1990s. We find that the...
Persistent link: https://www.econbiz.de/10013111368
We investigate the effects of economic crises on the subsequent economic performance, economic reform, democratization and institutional change. Our analysis is based on a sample of post-communist countries, most of which experienced severe economic crises during the 1990s. We find that the...
Persistent link: https://www.econbiz.de/10009488896
We investigate the effects of economic crises on the subsequent economic, performance, economic reform, democratization and institutional change. Our analysis is based on a sample of post-communist countries, most of which experienced severe economic, crises during the 1990s. We find that the...
Persistent link: https://www.econbiz.de/10013013777
Persistent link: https://www.econbiz.de/10011459814
degree of risk can make the institutional reforms necessary to accommodate the grassroots democracy. This research of the …
Persistent link: https://www.econbiz.de/10013241581