Democrat and poverty reduction

dc.contributor.advisorReside, Renato
dc.contributor.authorFabella, Vigile Marie B.
dc.contributor.authorOyales, Czarina Eva I.
dc.date.accessioned2025-01-24T05:01:21Z
dc.date.available2025-01-24T05:01:21Z
dc.date.issued2008-03
dc.description.abstractIn the past decade, history has witnessed the rapid economic growth of countries whose political systems deviate from conventional democratic philosophy. Countries such as Taiwan, Singapore and South Korea, among others, have become bigwig economies rivalling major players like the United States and the UK. On the other hand, democratic, low-income countries have experienced relatively sluggish growth. In this paper, we explore the influence of democracy and political freedom on economic growth, utilizing poverty reduction as its indicator. We will focus on identifying the requisites of a functioning democracy that will enable it to effectively reduce poverty within the context of developing nations. Utilizing the 2-Staged Least Squares method of estimation, our findings suggest that democracy in general, has a negative influence on poverty reduction for developing countries. However, when complemented with trade openness, primary education, regulatory quality, government effectiveness, and voice and accountability, the outcome becomes positive.
dc.identifier.urihttps://selib.upd.edu.ph/etdir/handle/123456789/4237
dc.language.isoen
dc.subjectPoverty
dc.subjectSocioeconomic factor
dc.subjectDemocracy
dc.subjectPolitics
dc.subjectSocial welfare
dc.subjectDemographic inequality
dc.titleDemocrat and poverty reduction
dc.typeThesis

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