Is democracy a luxury good for rich countries alone?

Yes, because democracy is expensive and comes only as a consequence of economic growth.
33% (1 vote)
No. The causal relationship goes the other way round: democracy causes economic growth.
0% (0 votes)
This is a chicken-and-egg causality dilemma because both democracy and growth reinforce each other.
33% (1 vote)
Any statistical relation between democracy and development is spurious.
33% (1 vote)
Total votes: 3
Learning objectives: 
Analysing the causal link between democracy and economic growth.
Analysing the causal link between economic growth and democracy.
Understanding randomised experiments.
Understanding the difficulty of analysing causality on the basis of observational data.
Understanding natural experiments.
Presentation videos: