Политические институты и экономический рост: исследования взаимосвязи

Abstract

The article concerns on the correlations between the changes in political institutions and the dynamics of economic growth. This controversial issue is a stumbling block in extensive research due to the clash of two large theories of social development in political science: democratization and modernization. The theory of democratization is based on the primacy of civic values, while the theory of modernization gives priority to the efficiency of economic development. The author defines the conceptual positions of the researchers: “democracy promotes growth”, “democracy does not promote growth”, “growth promotes democracy”, and “growth does not promote democracy”. The dominant position “democracy promotes economic growth” is driven by the values of liberal ideology and the notion of a free market. The opposing position “democracy does not contribute to economic growth” proceeds from the weak possibilities of the established liberal order to mobilize resources for solving the state development problems. The modernization position “economic growth contributes to democracy” is dictated by the change in the value attitudes of citizens as they achieve prosperity. The alternative position “economic growth is not conducive to democracy” is supported by countries with authoritarian regimes with weak potential of development. The author comes to the conclusion about the possibilities of multivariate construction of political institutions to ensure economic growth, based on the endogenous and exogenous development factors in any countries.