Author: Takaaki Masaki

Africa’s Democracy is Good for Growth

Image: Polling Booth

Democracy promotes economic growth

Does democracy promote economic growth? An immense body of literature already exists on this topic but there is, as yet, no hard consensus among scholars and policymakers alike about the general link between democracy and growth. This question is particularly relevant to sub-Saharan Africa—a region where two broad trends of fast economic growth and democratization concurrently happened over the past two decades.