Show Summary Details

Page of

PRINTED FROM OXFORD HANDBOOKS ONLINE (www.oxfordhandbooks.com). (c) Oxford University Press, 2015. All Rights Reserved. Under the terms of the licence agreement, an individual user may print out a PDF of a single chapter of a title in Oxford Handbooks Online for personal use.

date: 23 April 2018

Abstract and Keywords

This article discusses the poor performance of poor democracies. The article points to recent literature on political market imperfections as a way to explain anomalies in the relationship between economic performance and regime type. The first section looks at the poor countries and their respective policies, while the second section attempts to explain the ambiguity in the democracy-growth relationship. It studies the political market imperfections and the heterogeneous democratic performance, and discusses democratization, the role of history, and puzzles in the literature on democracy. The article ends with a discussion of incomplete information, which is one imperfection of the political market.

Keywords: poor performance, poor democracies, imperfections, economic performance, regime type, poor countries, democracy-growth relationship, democratic performance, incomplete information

Access to the complete content on Oxford Handbooks Online requires a subscription or purchase. Public users are able to search the site and view the abstracts and keywords for each book and chapter without a subscription.

Please subscribe or login to access full text content.

If you have purchased a print title that contains an access token, please see the token for information about how to register your code.

For questions on access or troubleshooting, please check our FAQs, and if you can''t find the answer there, please contact us.