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Գլխավոր էջ Արխիվ Մեր մասին Բաժանորդագրություն Գովազդ Կոնտակտներ
     
#11-12 (207-208) / -Հունվար 2017
 
Lusya GALOYAN
DEMOCRACY AND ECONOMIC GROWTH. SOME ISSUES OF THEORY AND PRACTICE

Key words: democracy, liberalism, legal order, liberal democracy, economic growth, institute.
The article discussed some of the key issues of democracy's impact on economic growth. The results of the analysis have shown that democratization in countries with strong legal status promotes economic growth, in countries with weaker legal states, democratization has a negative impact on economic growth. In weak law conditions, democratization leads to the so-called non-liberal democracy. In other words, democratization, without law affects economic growth. It is the price which we must pay for early political democratization. Consequently, in low-law countries the shortest path to full liberal democratization is not to do quick democratization at "any price" but the strengthening of the legal order.

DEMOCRACY AND ECONOMIC GROWTH. SOME ISSUES OF THEORY AND PRACTICE  Վճարել 369 ՀՀ դրամ եւ ներբեռնել հոդվածը “PDF” ֆորմատով
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