EconPapers    
Economics at your fingertips  
 

Economic Institutions and the Durability of Democracy

Christopher Boudreaux and Randall Holcombe

Atlantic Economic Journal, 2017, vol. 45, issue 1, 17-28

Abstract: Abstract Why do some democracies persist while others break down? Some studies have suggested that economic development decreases the likelihood of authoritarian reversal, which is consistent with Milton Friedman’s argument that economic freedom is necessary for political freedom. An empirical investigation of countries that have transitioned to democratic governments since World War II shows that higher quality economic institutions increase the durability of those democratic governments. This supports Friedman’s observation about the relationship between economic and political institutions.

Keywords: Institutions; Democracy; Durability; Economic freedom; P12; P16; P51; O57 (search for similar items in EconPapers)
Date: 2017
References: View references in EconPapers View complete reference list from CitEc
Citations Track citations by RSS feed

Downloads: (external link)
http://link.springer.com/10.1007/s11293-016-9522-6 Abstract (text/html)
Access to the full text of the articles in this series is restricted.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:kap:atlecj:v:45:y:2017:i:1:d:10.1007_s11293-016-9522-6

Ordering information: This journal article can be ordered from
http://www.springer. ... cs/journal/11293/PS2

Access Statistics for this article

Atlantic Economic Journal is currently edited by Kathleen S. Virgo

More articles in Atlantic Economic Journal from Springer, International Atlantic Economic Society Contact information at EDIRC.
Bibliographic data for series maintained by Sonal Shukla ().

 
Page updated 2018-09-13
Handle: RePEc:kap:atlecj:v:45:y:2017:i:1:d:10.1007_s11293-016-9522-6