Democracy Doesn’t Always Happen Over Night: Regime Change in Stages and Economic Growth

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Written by Carl Henrik Knutsen 11 February 2021

This paper analyses “the idea that democratic regime change is not a discrete event but a two-stage process: (1), autocracies enter into an ‘episode’ of political liberalization which can last for years or even decades; (2), the ultimate outcome of the episode manifests itself and a nation undergoes regime change or not" (Henrik Knutsen, 2021).

Publisher: V-Dem Institute

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Categories: Paper, Liberal Democracy, Economy, Role of Business