Publication |
2011.
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Summary/Abstract |
In this era of globalization, does democracy in Asia have a mediating impact on a country's public sector? As the first empirical analysis focused solely on Asian countries, this paper finds that, in general, democracies are associated with a larger government. In particular, democracies more exposed to the global trade have larger public economies. This is not the case, however, in democracies more dependent on foreign direct investment.
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