منابع مشابه
Computers and Economic Democracy
Forty years ago there was little doubt in the minds of socialists that planning was way of the future. This was borne out by the rapid advance of the planned economies, which with Sputnik and Gagarin seemed to outpace the muddled inefciency of capitalist economies. Today of course the picture looks di erent. In the face of the collapse of Soviet power at the end of the 80s, left wing authors se...
متن کاملEconomic Development and Democracy
■ Abstract In this essay, I review recent research on the effects of economic development on democracy. On the theoretical side, for the first time there has been a systematic attempt to bring the types of formal models developed by economists and political scientists outside of comparative politics to bear on the origins of democracy. I present a simple analytical framework that captures some ...
متن کاملDemocracy, Volatility, and Economic Development
Growth stability is an important objective—because development requires sustained increases in income, because volatility is costly for the poor, and because volatility deters growth. We study the determinants of average growth and its volatility as a two-equation system, and find that higher levels of democracy and diversification lower volatility, whereas volatility itself reduces growth. Mus...
متن کاملEconomic Effects of Democracy. An Empirical Analysis
This research analyses through the use of instrumental variables estimation whether democracy has an effect on variables belonging to three different categories: fiscal policy, inequality in income distribution and political instability. It shows there is no stable relation between democracy and fiscal policy variables between countries of the sample in the 1978-1988 period. Democracy, on the o...
متن کاملDemocracy and the Variability of Economic Performance
Sah (1991) conjectured that more centralized societies should have more volatile economic performances than less centralized ones. We show in this paper that this is true both for cross-country and within-country variability in growth rates. It is also true for some measures of policies. Finally, we show that both the best and worst performers in terms of growth rates are more likely to be auto...
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ژورنال
عنوان ژورنال: The Economic Journal
سال: 1923
ISSN: 0013-0133
DOI: 10.2307/2222890