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Original Articles

Globalization, democratization and economic growth

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Pages 731-734 | Published online: 20 Apr 2009
 

Abstract

Using a two-equations model we estimate whether and to what extent the interplay between FDI and democratization affects economic growth. Two results emerge. First, endogenous FDI impact significantly on economic growth. Second democracy is a substantive predictor of both FDI and growth.

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