Democracy as a Driver of Post-Communist Economic Development
| Autor: | Jan Fidrmuc |
|---|---|
| Přispěvatelé: | Lille économie management - UMR 9221 (LEM), Université d'Artois (UA)-Université catholique de Lille (UCL)-Université de Lille-Centre National de la Recherche Scientifique (CNRS), Elodie Douarin (éd.), Oleh Havrylyshyn (éd.) |
| Rok vydání: | 2021 |
| Předmět: |
Economic growth
Post communist media_common.quotation_subject 05 social sciences Potential effect 1. No poverty Sample (statistics) Human capital Democracy 0506 political science Economic freedom Key factors Capital (economics) Political science 8. Economic growth 0502 economics and business 050602 political science & public administration [SHS.GESTION]Humanities and Social Sciences/Business administration 050207 economics 10. No inequality media_common |
| Zdroj: | The Palgrave Handbook of Comparative Economics ISBN: 9783030508876 The Palgrave Handbook of Comparative Economics The Palgrave Handbook of Comparative Economics, Springer International Publishing, pp.517-543, 2021, ⟨10.1007/978-3-030-50888-3_20⟩ Elodie Douarin (éd.); Oleh Havrylyshyn (éd.). The Palgrave Handbook of Comparative Economics, Springer International Publishing, pp.517-543, 2021, ISBN 978-3-030-50887-6. ⟨10.1007/978-3-030-50888-3_20⟩ |
| DOI: | 10.1007/978-3-030-50888-3_20 |
| Popis: | Chapitre 20.; International audience; 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. |
| Databáze: | OpenAIRE |
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