Question: Student groups were asked to find recent literature shedding light on whether democracy affects economic performance, vice versa, both, or neither.

Answer: Many thanks for your very productive response to the task in the classes on Monday, in which you were asked to find a recent article shedding light on the causal relationship between democracy and economic performance (in response to the Przeworski and Limongi (1993) article). Your sterling work means that we have the makings of a good, up-to-date, literature review on the topic, which is now a shared resource. In alphabetical order of first author surname, the sources suggested [some by multiple groups] were:

• Acemoglu (2014). ‘Does democracy boost economic growth?’
• Baklouti and Boujelbene (2017). ‘An econometric study of the role of the political stability on the relationship between democracy and economic growth’
• Baklouti and Boujelbene (2018). ‘The Nexus Between Democracy and Economic Growth: Evidence from Dynamic Simultaneous-Equations Models’
• Brezis and Verdier (2014). ‘Geography, Economics, and Political Systems: A Bird’s Eye View’
• Chatterjee (2011). ‘Democracy and economic transformation in India’ Chapter Understanding India’s New Political Economy, edited by Ruparelia, Reddy, Harriss, and Corbridge.
• Doucouliagos and Ulubaşoğlu (2008). ‘Democracy and Economic Growth: A Meta‐Analysis’
• Dizikes (2019). ‘Study: Democracy fosters economic growth’
• Gerring, Bond, Barndt, and Moreno (2011). ‘Democracy and Economic Growth: A Historical Perspective’
• Gerring, Kingstone, Lange, and Sinha (2011). ‘Democracy, History, and Economic Performance: A Case-Study Approach’
• Gründler and Krieger (2016). ‘Democracy and growth: Evidence from a machine learning indicator’
• Hanson and Gallagher (2012). ‘Winning Coalition Size and Economic Performance: The Selectorate Theory and East Asian Developmental States’
• Heo and Tan (2001). ‘Democracy and Economic Growth: A Causal Analysis’
• Ishtiaq, Majeed and Sohail (2016). ‘Financial Sector, Democracy and Economic Growth: A Panel Data Analysis’
• Knutsen (2012). ‘Democracy and economic growth: A survey of arguments and results’
• Patti (2009). ‘Globalization, democratization and economic growth’
• Piątek, Szarzec, and Pilc (2013). ‘Economic freedom, democracy and economic growth: a causal investigation in transition countries’
• Pozuelo, Slipowitz, and Vuletin (2016). ‘Democracy does not cause growth’
• Shabbir (2017). ‘Corruption, Democracy and Economic Growth: Does Conditionality Matter?’
• Wu (2012). ‘When Is Democracy Better for Economic Performance and when Is It Not: the Interaction Between Polity and Structural Factors’

This looks like an excellent list to me so now we all just need to find time to read them all! Then, perhaps, we will finally be able to tell people whether democracy leads to improved economic performance, vice versa, both, or neither.