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Persistent link: https://www.econbiz.de/10009312721
This study argues that strong parties play a critical role in fostering economic development. The theory explores how parties broaden the constituencies to which policy makers respond and help politicians to solve coordination problems. These features ensure that politicians engage in better...
Persistent link: https://www.econbiz.de/10014035802
Recent studies appear to show that democracy has no robust association with economic growth. Yet all such work assumes that the causal effect of democracy can be measured by a country's regime status in a particular year (T), which is correlated with its growth performance in a subsequent period...
Persistent link: https://www.econbiz.de/10015126225