2011/01/01 by Mihai Mutaşcu, Mutascu, Mihai
Social Sciences · Economics, Econometrics and Finance · #European Union Policy and Governance #Fiscal Policies and Political Economy #Global Financial Crisis and Policies
paper · pdf · doi:10.17863/cam.1376
The paper analyzes empirically, in E.U. 27's case, the relationship between economic development, intensity of democratization and political regime durability, using a binary choice panel model.The main conclusion of the paper shows that:(1) In European strong democratic republic, the best economic development can be obtained only if the political regime durability is very high.(2) In European strong autocratic monarchy, the best economic development can be obtained even if the political regime durability is very low.