What has been the record of democracies in bringing about economic growth ?
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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.
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Answered by
2
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.
Explanation:
hope this help you
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