Poczter, Sharon : Seed Grant, 2016-2017

Recipients: 

Sharon Poczter (Charles H. Dyson School of Applied Economics and Management)

College: 
College of Business
Department: 
Charles H. Dyson School of Applied Economics and Management
Project Title: 
Quantifying the Effects of Democratization
Project Abstract: 
While the Arab spring once again brought the process of democratization to the forefront of global issues, scholars across political science and economics alike still have little quantitative evidence as to whether democratization in general leads to the desired changes that transitioning societies aim for. In theory, political democratization should also move a society towards economic democratization, such that the right to influence and allocate economic as well as political resources across groups in society are equalized. This project, therefore, attempts to quantify this change by measuring whether and how the political influence in banking changes over democratization using data from a large emerging market. Not only will this help shed light on the impact of democratization on economic outcomes, but it will also more generally inform whether changes in political institutions are concurrent with changes in economic institutions, a question that the economics literature also has yet to quantify.