Political Science, asked by sheetalbharti1702, 1 month ago

does democracy lead to economic growth and development ? give reasons for your answer.

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Answered by Anonymous
5

\huge\bf\underline{\red{Answer}}

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. Democracy is associated with higher human capital accumulation, lower inflation, lower political instability, and higher economic freedom

Answered by Anonymous
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