One Road to Riches?: How State Building and Democratization Affect Economic Development (Elements in Political Economy) - Softcover

Gjerl�w, Haakon

9781009054553: One Road to Riches?: How State Building and Democratization Affect Economic Development (Elements in Political Economy)

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ISBN 10: 1009054554 ISBN 13: 9781009054553

Publisher: Cambridge University Press, 2022

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This Element analyses the value of effective state institutions before introducing democracy.

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Publisher: Cambridge University Press
Publication date: 2022
Language: English
ISBN 10: 1009054554
ISBN 13: 9781009054553
Binding: Paperback
Number of pages: 96

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One Road to Riches? (Elements in Political Economy)

Gjerl�w, Haakon

Published by Cambridge University Press, 2022

ISBN 10: 1009054554 ISBN 13: 9781009054553

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One Road to Riches? (Paperback)

Carl Henrik Knutsen

Published by Cambridge University Press, Cambridge, 2022

ISBN 10: 1009054554 ISBN 13: 9781009054553

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Paperback. Condition: new. Paperback. Building effective state institutions before introducing democracy is widely presumed to improve different development outcomes. Conversely, proponents of this stateness-first argument anticipate that democratization before state building yields poor development outcomes. In this Element, we discuss several strong assumptions that (different versions of) this argument rests upon and critically evaluate the existing evidence base. In extension, we specify various observable implications. We then subject the stateness-first argument to multiple tests, focusing on economic growth as an outcome. First, we conduct historical case studies of two countries with different institutional sequencing histories, Denmark and Greece, and assess the stateness-first argument (e.g., by using a synthetic control approach). Thereafter, we draw on an extensive global sample of about 180 countries, measured across 17892019 and leverage panel regressions, preparametric matching, and sequence analysis to test a number of observable implications. Overall, we find little evidence to support the stateness-first argument. This Element analyses the value of effective state institutions before introducing democracy. To do so, it draws on an extensive global sample of about 180 countries, measured across 17892019 and leverage panel regressions, preparametric matching, and sequence analysis to test a number of observable implications. This item is printed on demand. Shipping may be from multiple locations in the US or from the UK, depending on stock availability. Seller Inventory # 9781009054553

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