Pa help po! Does development ad to democracy, or is it the other way around? And can democracy enhance development or are authoritarian governments better equipped for that task?
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Pa help po! Does development ad to democracy, or is it the other way around? And can democracy enhance development or are authoritarian governments better equipped for that task?
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Answer:
Economic development may influence democracy in many ways. This means that as an economic structure transforms, and since it is related to capital intensity, capital itself becomes more important than land, which is one of the reasons that states with a higher income per capita would generally perform better.
A 2006 meta-analysis found that democracy has no direct effect on economic growth. However, it has strong and significant indirect effects which contribute to growth.
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