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How Does Democracy Affect Economic Growth

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How Does Democracy Affect Economic Growth
The relationship between democracy and economic growth has generated much controversy, research, and even bewilderment. If economic development is an expression of the level of development of societies, it will also be compatible with the level of democratic development. Democracy will become a catalyst and engine of economic and social development in society. To what extent does the economy affect the building of democracy? Is democracy a condition for economic development, or is economic development laying the foundations of democracy? These questions needed to be answered in terms of features of democracy that are closely related to economic growth to understand such relation. This paper reviews aspects of the democracy impact on economic growth as well as addressing the inverse relationship of growth to democracy, with the aim of identifying important effects and adverse influences.

Attention to the economic context of the Arab revolutions is justified on several practical and theoretical levels. The birth of …show more content…
In terms of other aspect, it will lead to rational management of economic and human resources. Ease access to information, transparency in economic transactions, making space for highlighting deficiencies and inefficiencies in government agencies and economic institutions, detecting abuses and perverse practices and helping to improve the performance of organs and institutions. And helped fight corruption. We may not be exaggerating if we say that achieving and sustaining development is inextricably linked to democracy. The process of development is not only influenced by democracy but also affects it. The relationship between economic growth and democracy is controversial and has a reciprocal
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