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While democracy's effect on economic growth has come under intense empirical scrutiny, its effect on economic sustainability has been noticeably neglected. We assess the effects of regime type and democratic institutional design on economic, or "weak" sustainability. Sustainability requires that...
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While many herald globalization - the increasing interconnectedness of national economies - to be associated with rising standards of living across the globe, others fear its effects on sustainability. Anti-globalization forces and environmentalists view these developments as a threat to the...
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Genuine saving measures net investment in produced, natural and human capital. It is a necessary condition for weak sustainable development that genuine saving not be persistently negative. However, according to data provided by the World Bank, resource-rich countries are systematically failing...
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