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Another thing that jumps off that chart is that there are only 2 dots between 0 and 5 exclusive and 7 inclusive. Also who is that dot polity=10,GDP~=$2,000?
Can you get rich without democracy?
Yes if you are an individual, but probably not if you are an entire country. As the figure below shows, there are very few countries that have developed beyond $5,000 in 2005 PPP dollars without becoming democracies somewhere along the way (unless they are an oil economy). This scatter plot co...
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Aug 10, 2011
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