Series: IMF Working Papers
Author(s): Antonio Spilimbergo , Paola Giuliano , and Prachi Mishra
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 July 2010
Keywords: institutions, transition, economic liberalization, correlation, statistical significance, neighboring countries, trade reforms, statistics, Comparative Studies of Countries, Macroeconomic - Aspects Of Public Finance
Empirical evidence on the relationship between democracy and economic reforms is limited to few reforms, countries, and years. This paper studies the impact of democracy on the adoption of economic reforms using a...