Abstract
Based on data from 106 developing countries in 1986, empirical results of a system of simultaneous equations support the hypothesis that socio-economic development facilitates democratic change and that countries with democratic political systems can achieve rapid economic growth. The coexistence of poverty and lack of freedom in most developing countries should not constitute a `cruel choice' between economic development and political democracy.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
