Democracy and Policy Stability

Pushan Dutt discusses the strong negative link between democracy and output volatility documented by Rodrik (2000) and others stands in sharp contrast to the lack of consensus on the democracy-growth relationship. Pushan Dutt is a Professor of Economics and Political Science at INSEAD. He holds a PhD in Economics from New York University, a Masters in Economics from the Delhi School of Economics, and a Bachelor degree in Economics from Presidency College, Calcutta. Professor Dutt directs the INSEAD Asian International Executive Programme.

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