clague__keefer__knack__and_olson

clague__keefer__knack__and_olson - file: clague, keefer,...

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file: clague, keefer, knack, and olson Clague, Keefer, Knack, and Olson 1 Make some headway on clarifying these matters: 2 Role of secure property rights and contract rights: essential to investment and thus to economic growth. 3 Began with two sets of measures of property rights and contract rights that are produced by private firms for the business community. 4 Tried to determine what kinds of countries had the most secure property rights and contract rights. 5 Findings: 6 For an autocrat: the longer a particular autocrat serves in power, the more secure are property rights and contract rights. 7 For a democracy: the longer a democracy has been in existence, the more secure are property rights and contract rights. 8 New democracies often have rather insecure property and contract rights. 9 This may account, at least in part, for the diverse and contradictory findings which Przeworski and Limongi found in their literature reviews 10 Indeed, a new democracy may have less secure property and contract rights
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This note was uploaded on 04/09/2008 for the course ISS 225 taught by Professor Williams during the Spring '07 term at Michigan State University.

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clague__keefer__knack__and_olson - file: clague, keefer,...

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