Abstract
This entry examines how economists have analyzed the relationship between economic forces and constitutional norms, including the role of political processes. It draws on the recent literature on public choice, the new political economy, and constitutional economics, to examine the factors which determine the two-way causal relationship between constitutional norms, including electoral processes, and economic policies and economic performance. It also examines the literature on economic institutions and how these impact on economic performance and the dynamic interrelationship between economic and other institutions.
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Essential Reading
Romer, David B. 2018. Advanced macroeconomics. 5th ed. New York: McGraw-Hill.
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Muscatelli, A. (2022). Economic Factors and Constitution-Making: A Two-Way Relationship. In: Cremades, J., Hermida, C. (eds) Encyclopedia of Contemporary Constitutionalism. Springer, Cham. https://doi.org/10.1007/978-3-319-31739-7_134-1
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DOI: https://doi.org/10.1007/978-3-319-31739-7_134-1
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