Although most developed economies have democratic institutions, some still struggle with poverty, while other economies have witnessed paid and long-lasting growth under different institutional arrangements. In this report for the Institute of Development Studies Chen Changsheng, Yang Guangpu, Li Chengjian and Xin Xing examine the history of China since the Xinhai Revolution in 1911 and propose an analytic framework to explain the path an economy takes from poverty to prosperity. They argue that a society’s cohesion can strengthen its economic growth, as can its economic accessibility, and that the combination of cohesive political governance and an access-opening economic regime plays a fundamental role in the elimination of poverty.
https://opendocs.ids.ac.uk/opendocs/bitstream/handle/123456789/13987/Wp514 Online.pdf?sequence=1&isAllowed=y

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