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Forms of Democracy, Policy and Economic Development / Torsten Persson.
- Format:
- Book
- Author/Creator:
- Persson, Torsten.
- Series:
- Working Paper Series (National Bureau of Economic Research) no. w11171.
- NBER working paper series no. w11171
- Language:
- English
- Physical Description:
- 1 online resource: illustrations (black and white);
- Place of Publication:
- Cambridge, Mass. National Bureau of Economic Research 2005.
- Summary:
- The paper combines insights from the recent research programs on constitutions and economic policy, and on history, institutions and growth. Drawing on cross-sectional as well as panel data, it presents new empirical results showing that the form of democracy (rather than democracy vs. non-democracy) has important consequences for the adoption of structural polices that promote long-run economic performance. Reforms into parliamentary (as opposed to presidential), proportional (as opposed to majoritarian) and permanent (as opposed to temporary) democracy appear to produce the most growth-promoting policies.
- Notes:
- Print version record
- March 2005.
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