Democracy, Governance, and Economic Performance
Subtitle: Theory and Evidence
Publisher: The MIT Press
Published: September 28, 2003
Language: eng
Format: Hardcover
Number of pages: 403
ISBN-13: 9780262062350
Subjects: Political economy; Political structures: democracy; Business & Economics; Business / Economics / Finance; Business/Economics; Development - Economic Development; Business & Economics / Economics / General; Economics - General; Political Ideologies - Democracy; Democracy; Economic aspects; Economic development; Political aspects; Political science
First sentence: Scholarly work on political, social, and economic development has grown rapidly in recent years; economists, political scientists, and sociologists have made this area of research one of the most dynamic and fruitful in the social sciences.
Description: "Combining theory and country-specific case studies, Democracy, Governance, and Economic Performance demonstrates that political institutions and conditions do matter in economic growth. After establishing a theoretical foundation, Feng tests it by examining the direct effects of the three key political variables on economic growth and the indirect effects of democracy in terms of other variables (political in stability, inflation, investment, education, income distribution, property rights, and population growth). He concludes by considering the policy implications of these results."--Jacket.