Robert barrro on adverse impact of democracy on economic growth
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ROBERT J.BARRO ... are held constant, the overall effect of democracy on growth is weakly negative. ... "democracy" - fosters economic rights and tends thereby to stimulate growth.
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Major natural disasters can and do have severe negative short-run economic impacts. Disasters also appear to have adverse longer-term consequences for economic growth, development and poverty reduction. But, negative impacts are not inevitable.
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