Abstract
Recent empirical analysis suggests that individual national leaders can have large impacts on economic growth. Leaders have the strongest effects in autocracies, where they appear to substantially influence both economic growth and the evolution of political institutions. These findings call for increased focus on national economic policies and the means of leadership selection, among other issues.
This chapter was originally published in The New Palgrave Dictionary of Economics, Online edition, 2009. Edited by Steven N. Durlauf and Lawrence E. Blume
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Jones, B.F. (2009). National Leadership and Economic Growth. In: The New Palgrave Dictionary of Economics. Palgrave Macmillan, London. https://doi.org/10.1057/978-1-349-95121-5_2969-1
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DOI: https://doi.org/10.1057/978-1-349-95121-5_2969-1
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