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May 25, 20260 citationsOpen Access

Does democracy enhance economic growth?: the case of Anglophone West Africa

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HCHuman Sciences Research Council

Key Points

  • This research examines how democracy affects economic growth in Anglophone West Africa from 1970 to 2014.
  • Used annual data from 1970 to 2014 for five Anglophone West African countries.
  • Applied dynamic panel data estimation techniques controlling for endogeneity, heteroscedasticity, and spatial effects.
  • Full sample estimation reveals a negative relationship between democracy and economic growth.
  • Identified that other factors, such as capital investments and human capital development, significantly affect growth.

Abstract

This article investigates the relationship between democracy and economic growth in five Anglophone West African countries using annual data from 1970 to 2014 and dynamic panel data estimation techniques which control for endogeneity, heteroscedasticity and spatial effects. The findings for the full sample estimation show a negative relationship between democracy and economic growth, however country specific differences apply. Consistent with the sceptical view we conclude that several other factors influence the ability of countries to grow, besides which political regime is in place. These factors among others are capital investments, human capital development, a productive labour force and technological progress.

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Cite This Study

Human Sciences Research Council (2026) studied this question.

synapsesocial.com/papers/6a13e81d0e02ee3982d32c4dhttps://doi.org/10.14749/32383671
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