Democracy as a Driver of Post-Communist ...
Document type :
Partie d'ouvrage
Title :
Democracy as a Driver of Post-Communist Economic Development
Author(s) :
Scientific editor(s) :
Elodie Douarin (éd.)
Oleh Havrylyshyn (éd.)
Oleh Havrylyshyn (éd.)
Book title :
The Palgrave Handbook of Comparative Economics
Publisher :
Springer International Publishing
Publication place :
Cham
Publication date :
2021-02-14
ISBN :
ISBN 978-3-030-50887-6
HAL domain(s) :
Sciences de l'Homme et Société/Gestion et management
English abstract : [en]
This study revisits the potential effect of democracy on economic development in a broad sample of countries, and also separately in a subsample of post-communist countries. The results are reassuring: democracy has a ...
Show more >This study revisits the potential effect of democracy on economic development in a broad sample of countries, and also separately in a subsample of post-communist countries. The results are reassuring: democracy has a robustly positive impact on economic growth, and also on key factors of economic growth—investment in physical and human capital. Moreover, the sustained level of democracy, embodied in accumulated democratic capital, especially robustly correlates with economic development. When comparing the relative roles of democracy and economic freedom, democracy takes primacy in the global sample while both democracy and economic freedom seems to play important roles in the subsample of post-communist countries.Show less >
Show more >This study revisits the potential effect of democracy on economic development in a broad sample of countries, and also separately in a subsample of post-communist countries. The results are reassuring: democracy has a robustly positive impact on economic growth, and also on key factors of economic growth—investment in physical and human capital. Moreover, the sustained level of democracy, embodied in accumulated democratic capital, especially robustly correlates with economic development. When comparing the relative roles of democracy and economic freedom, democracy takes primacy in the global sample while both democracy and economic freedom seems to play important roles in the subsample of post-communist countries.Show less >
Language :
Anglais
Audience :
Internationale
Popular science :
Non
Comment :
Chapitre 20.
Collections :
Source :