The Volatility Curse
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The Volatility Curse examines the conditions under which economic voting can (and cannot) function as a mechanism of democratic accountability, challenging exis
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Economic voting is common around the world, but in many developing countries economic performance is dependent on exogenous international factors.
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The volatility of unanticipated output growth in income per capita is detrimental to long-run development, controlling for initial income per capita, population