But what exactly do we know about the relationship between democracy and economic growth? Economies of less-than-democratic nations such as China have surged in recent years. Does a country's brightening economic picture boost the chance democracy may eventually blossom? Or is it the other way around? Are democratic institutions a key component of long-term economic growth? And what's the role of education?Two very sharp economists, Daron Acemoglu of the Massachusetts Institute of Technology and Ed Glaeser of Harvard University, attempt to answer these questions.
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