Question

Economic inequality and economic growth. Gotogether in democracy

Answer 1

Democracy is directly related to development as the development is based on democracy because it depends on the government that how he is Managing the think and how they develop the things so that the overall GDP and the development of the government increase or decrease.

Answer 2

The policy is directly related to growth because progress is focused on policy because it relies on the government how it handles the thought and how it produces things in order to increase or decrease the total GDP and economic development.

Explanation:

• In "Democracy Does Induce Development" we present evidence from a panel of countries opposing this view between 1960 and 2010. Our results show that democracy has a strong and significant effect on economic growth.
• Estimating the effect of populism on development raises multiple challenges. First, current indexes of democracy are usually prone to significant measurement errors, contributing to misleading adjustments in a country's democracy score even though its democratic institutions are not really evolving.

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