Civil liberties, democracy, and the performance of government projects.

From: Finance & Development | Date: March 1, 1998| Author: Kaufmann, Daniel; Pritchett, Lant | Copyright information

Government projects financed by the World Bank were examined to determine whether the performance of these projects is affected by the extent of civil liberties and democracy in a country. The results indicate a strong and consistent link between measures of the extent of civil rights and the success or failure of Bank-supported projects. The findings suggest that improvement in civil liberties will be followed by improved economic rate of return on a country's projects. The relationship betw...

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