Εξωτερικό εμπόριο και δημοκρατία

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Keywords
Δημοκρατία ; ΑΕΠ ; Εμπόριο ; Ανάπτυξη ; ΘεσμοίAbstract
It has been argued that the status of each country has a direct influence on its development and by extension to the opening of trade. From the regimes that affect this process is democracy. Consequently, the purpose of this paper is to investigate whether democracry regime affects the democratic currency development and, by extension, any opening is related to trade. In particular, it was studied whether democracy is irrelevant or can be predicted by GDP, inflation or trade in a country. It is important to emphasize that for this particular survey the year 2017 was chosen, as a year with the most integrated data available and a total of 124 countries participated. As it appeared, democracy highlighted statistically a significant correlation with the fraction of GDP, private deposits and inflation. More specifically, it seemed that as much as democracy is strengthened in a country, the greater the credit ratio of deposits and the smaller inflation is. Upon completion, it was considered necessary to control whether the degree of democracy and other quantitative parameters of the sample are affected by the origin of corporate law as an extension. As it appeared, the degree of democracy, the GDP Per Capita index, the credit ratio of deposits and inflation are significantly affected as a result of the origin of company law.