Democracy, Governance, and Economic Performance: Theory and Evidence

摘要: In this book, Yi Feng combines political and economic analyses to study the effects of institutions on performance. Traditionally, scientists disregard details conditions, while economists may not take into consideration a systematic explanation regimes. The growing interest in interplay systems, spurred by democratization liberalization evident many countries over last twenty years, merits new perspective.The book examines determinants growth, and, specifically, controversial question relationship between democracy quality life. systematically studies three variables system -- freedom, stability, policy certainty relates them development. He factors that affect patterns growth directly or indirectly.Combining theory country-specific case studies, Democracy, Governance, Economic Performance demonstrates conditions do matter growth. After establishing theoretical foundation, tests it examining direct key indirect terms other (political instability, inflation, investment, education, income distribution, property rights, population growth). concludes considering implications these results.