This course offers a broad introduction to the theoretical and empirical research in comparative political economy. An emphasis will be placed on the parallel process of political and economic development and its consequences on current democratic political institutions such as: electoral rules, party systems, parliamentary versus presidential governments, legislatures, judicial systems, and bureaucratic agencies as exemplified in central bank politics. We will study the differential impact of these political institutions on the type of policies they implement and the economic outcomes they produce. The main objective of the course will be to assess the robustness of the analyzed theories in light of their empirical support, coming mainly from statistical analysis.