Saturday, 27 March 2010: 12:15
The main objective of this paper is to investigate whether political regimes and economic growth are compatible objectives. The paper also sheds some light into what extend a regime functioning (stable or unstable) and the policies made out of that regime affects the economic area in 20 Western European countries. A panel analysis is employed by using linear regressions and adopting multiple measures of government performance. The findings suggest that political regimes have an effect on economic growth but this effect is highly is highly dependent upon the broader governmental structure and political environment.