The economic determinants of democracy and dictatorship - Classic modernization theory
4 important questions on The economic determinants of democracy and dictatorship - Classic modernization theory
Modernization theory argues that all societies pass through the same historical stages of economic development. It predicts that economic development will help both:
Przeworski's survival story predicts that:
Purchasing power parity (PPP) calculates:
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Two critical implications allow us to distinguish between modernization theory and the survival theory:
- The frequency of regime transitions in general
- The effect of increased income on the probability of democratic transitions in particular
-> evidence suggests that the observed world looks more like the one envisioned by modernization theory than the one envisioned by the survival story.
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