ECONOMIC DEVELOPMENT AND DEMOCRACY IN EMERGING ECONOMIES

Year 2021, Volume: 8 Issue: 1, 197 - 214, 26.03.2021

Rabia Efeoğlu , Sabri Azgün

https://doi.org/10.30798/makuiibf.797226

Cited By: 1

Abstract

The aim of this study is to investigate the effects of economic development on democracy with the data for the period 2001-2016 in 24 emerging market economies. This article develops a new methodology and analyzes the impact of openness, economic, social and financial development indicators on the level of democracy. We used the panel-ordered qualitative preference analysis method to estimate the relationship between democracy and economic development. We have concluded that economic development is more effective at higher levels of democracy and is higher likely to affect the higher level of democracy. We have shown that economic development raises the level of democracy.

Keywords

Democracy, Economic development, Ordered Qualitative Preference Analysis

YÜKSELEN EKONOMİLERDE EKONOMİK KALKINMA VE DEMOKRASİ

Abstract

Bu çalışmanın amacı, 24 yükselen piyasa ekonomisi için 2001-2016 dönemine ait veriler ile ekonomik kalkınmanın demokrasi üzerindeki etkisini araştırmaktır. Bu makale yeni bir metodoloji geliştirir ve dışa açıklık, ekonomik, sosyal ve finansal kalkınma göstergelerinin demokrasi düzeyine etkisini analiz eder. Demokrasi ve ekonomik kalkınma arasındaki ilişkiyi tahmin etmek için panel sıralı nitel tercih analiz yöntemini kullandık. Ekonomik kalkınmanın demokrasinin yüksek düzeylerinde daha etkili ve yüksek demokrasi düzeyini etkileme olasılığının daha yüksek olduğu sonucunu elde ettik. Ekonomik kalkınmanın demokrasi düzeyini yükselttiğini gösterdik.

Keywords

Demokrasi, Ekonomik Kalkınma, Sıralı Nitel Tercih Analizi

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