Transition from Autocracy to Democracy: How it Affected Bangladesh’s Economy?

Author(s)	Arafat Ashwad Islam
Country	Bangladesh
Abstract	This paper investigates the influence of the type of regime in power (autocracy or democracy) on Bangladesh’s economy, using regression analyses in the form ordinary least squares, using data of 25 years. Statistical investigation showed that democracies were more successful than dictatorships in promoting economic growth, and improving education and health indices. The convergence hypothesis implies that socioeconomic indicators were positively affected during the tenure of elected regimes. In addition, comparisons of the Indian and Chinese models of governance, in the context of their economic performance, are included to ascertain the successes and constraints of governments in these two South Asian economic giants.
Keywords	Bangladesh, Politics, Democracy, Autocracy, Economic Growth
Field	Sociology > Economics
Published In	Volume 5, Issue 3, May-June 2023
Published On	2023-05-06
Cite This	Transition from Autocracy to Democracy: How it Affected Bangladesh’s Economy? - Arafat Ashwad Islam - IJFMR Volume 5, Issue 3, May-June 2023. DOI 10.36948/ijfmr.2023.v05i03.2734
DOI	https://doi.org/10.36948/ijfmr.2023.v05i03.2734
Short DOI	https://doi.org/gr77rf

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