What is it about?
The objective of this article is to examine the role of democracy in strengthening the resilience of developing economies in the face of exogenous negative external shocks.
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Why is it important?
The originality of this work lies in studying the role of democracy in the face of exogenous negative external shocks through the duration model which represents an original empirical study.
Perspectives
The benefits of democracy for improving living standards in developing coutries. The study should be subject to further research as more variables that account for major shocks could be considered, such as political and civil unrest, internal conflicts, or natural disasters. These shocks may occur during a growth period and cause very serious disruptive effects.
Professor Mohamed Ali Trabelsi
Faculty of Economics and Management of Tunis, University of Tunis El Manar
Read the Original
This page is a summary of: Economic resilience in developing countries: The role of democracy in the face of external shocks, Entrepreneurial Business and Economics Review, January 2022, Uniwersytet Ekonomiczny w Krakowie - Krakow University of Economics,
DOI: 10.15678/eber.2022.100102.
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