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Cover of Democracy, Governance, and Economic Performance

Democracy, Governance, and Economic Performance

Theory and Evidence

By Yi Feng

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Publish Date

March 1, 2005

Publisher

The MIT Press

Language

eng

Pages

403

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.