Description - Democracy, Governance, and Economic Performance by Yi Feng
In this book Yi Feng combines political and economic analyses to study the effects of political institutions on economic performance. Traditionally, political scientists disregard details of economic conditions, while economists may not take into consideration a systematic explanation of political regimes. The growing interest in the interplay of political and economic systems, spurred by the political democratization and economic liberalization evident in many countries over the last twenty years, merits this new perspective. The book examines the political determinants of economic growth, and, specifically, the controversial question of the relationship between democracy and quality of life. Feng systematically studies three variables of a political system - political freedom, political stability, and policy certainty - and relates them to economic development. He examines the political factors that may affect patterns of growth directly or indirectly. Combining theory and country-specific case studies, Democracy, Governance, and Economic Performance demonstrates that political institutions and conditions do matter in economic growth.
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(229mm x 152mm x 19mm)
Publisher: MIT Press Ltd
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Author Biography - Yi Feng
Yi Feng is Professor and Dean of the School of Politics and Economics at Claremont Graduate University. He is editor of International Interactions, a journal of international politics and economics.