Can democracy induce development? A constitutional perspective

B-Tier
Journal: Public Choice
Year: 2014
Volume: 159
Issue: 1
Pages: 177-196

Score contribution per author:

1.005 = (α=2.01 / 2 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

We examine the constitutional design required for democratic societies to overcome poverty traps. Restricting agenda setting by ensuring subsistence levels of consumption and applying simple majority voting as a decision rule will not enable a society to overcome poverty. We show that a combination of suitable constitutional rules can, however, overcome poverty and induce economic well-being. Besides majority voting, these rules include rotating agenda setting, agenda repetition, and tax-protection rules. We thus highlight the crucial role of democratic institutions for economic development. Copyright Springer Science+Business Media New York 2014

Technical Details

RePEc Handle
repec:kap:pubcho:v:159:y:2014:i:1:p:177-196
Journal Field
Public
Author Count
2
Added to Database
2026-01-25