Does democracy ensure that a country will adopt sound institutions and achieve a high income level? Can

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Does democracy ensure that a country will adopt sound institutions and achieve a high income level? Can you name a country with a high per person income that is not democratic? Can you name a country that is democratic that does not have a high per person income?

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Macroeconomics Private And Public Choice

ISBN: 9780357134009

17th Edition

Authors: James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson

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