If an economy with extractive institutions allows for political creative destruction,then ________.

Question

Quizplus · Accepted Answer

When extractive institutions allow for political creative destruction, new leaders are likely to replace old leaders. This is because political creative destruction refers to the process of new political leaders emerging and replacing the old leaders through innovative and democratic means. As a result, extractive institutions that allow for political creative destruction can help to promote more inclusive institutions that support long-term economic growth.

If an Economy with Extractive Institutions Allows for Political Creative