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Political Credibility: A Crucial Factor for Growth

In: Political Credibility and Economic Development

Author

Listed:
  • Silvio Borner
  • Aymo Brunetti
  • Beatrice Weder

Abstract

Thus far we have argued that differing political systems might provide the crucial link in understanding differences in growth performance between countries. The term ‘political system’ is very broad and is interpreted differently by different scholars. Some concentrate mainly on democracies and their idiosyncrasies: direct and indirect democracy, the paradoxes of voting and so on. The image of a benevolent dictator underlies many economists’ political framework. Others take the malevolent or self-serving dictator as their point of reference.

Suggested Citation

  • Silvio Borner & Aymo Brunetti & Beatrice Weder, 1995. "Political Credibility: A Crucial Factor for Growth," Palgrave Macmillan Books, in: Political Credibility and Economic Development, chapter 2, pages 16-36, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-24049-4_2
    DOI: 10.1007/978-1-349-24049-4_2
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