However , no matter how charismatic or however much we soul with life and love pour gas on us , we can say that it is a universal feeling , the graceful and above all necessary for man . Love is the elixir of life , it causes us to do greater follies . Love broke every barrier , it requires only a little faith in exchange .In this topic will present two ideas more curved in the period in which we live . Is it democracy that generates economic development for a country or the opposite happens ? Discussing about them is doing something very important and is in the view of many authors as the political field as well as those in the economic field . In a global system increasingly globalized , where the subject is education and technological development , it is very important to see who is the bond that exists between democracy and economic development . As these two factors affect the process of human capital competition , economic and technological innovation .
Through this work I have tried to give an overview and modest about this broad topic .
Comes before democracy or development ?
The argument that democracy is the mature fruit of economic development - known as modernization theory - has been thrown by Lipset in 1959 and then was subjected to empirical verification by Barro , 1999, Glaeser 2004 Dijankov 2003 .
The idea on which the stream is twofold.
Only in countries where citizens who have already achieved a certain level of education will be able to choose a democratic leader able to govern . This is a thesis by John Deëey anticipated at the beginning of the twentieth century . It was observed that higher levels of education are a prerequisite of democracy because citizens help in solving their disputes by peaceful means using negotiations and evaluating the right to vote .