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dc.contributor.authorPersson, Torstenen
dc.contributor.authorTabellini, Guidoen
dc.date.accessioned2009-01-28T15:55:18Z-
dc.date.available2009-01-28T15:55:18Z-
dc.date.issued2006-
dc.identifier.urihttp://hdl.handle.net/10419/19136-
dc.description.abstractDoes democracy promote economic development? This paper reviews recent attempts toaddress this question that exploited within-country variation. It shows that the answer islargely positive, but also depends on the details of democratic reforms. First, the sequence ofeconomic vs political reforms matters: countries liberalizing their economy before extendingpolitical rights do better. Second, different forms of democratic government lead to differenteconomic policies, and this might explain why presidential democracy leads to faster growththan parliamentary democracy. Third, it is important to distinguish between expected andactual political reforms. Taking expectations of regime change into account helps identify astronger growth effect of democracy.en
dc.language.isoengen
dc.publisher|aCenter for Economic Studies and ifo Institute (CESifo) |cMunichen
dc.relation.ispartofseries|aCESifo Working Paper |x1672en
dc.subject.jelE0en
dc.subject.jelO1en
dc.subject.jelP0en
dc.subject.ddc330en
dc.subject.keyworddemocracyen
dc.subject.keywordreformen
dc.subject.keywordgrowthen
dc.subject.keywordinstitutionsen
dc.subject.keyworddifference in differenceen
dc.subject.stwWirtschaftsordnungen
dc.subject.stwDemokratieen
dc.subject.stwWirtschaftsreformen
dc.subject.stwDeregulierungen
dc.subject.stwWahlsystemen
dc.subject.stwWirtschaftswachstumen
dc.subject.stwKorrelationen
dc.subject.stwWelten
dc.titleDemocracy and development : the devil in the details-
dc.typeWorking Paperen
dc.identifier.ppn510023584en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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