Economic Development and the Transition to Democracy : A Formal Model
This essay develops a rational choice model of democratic transitions. The model is pivoted upon wealth redistribution policies preferred by the government and the citizen. The four theoretical propositions derived of the model indicate that the transition to democracy depends on the level of economic development and the cost of installing and maintaining a democratic system. Democratic transitions will experience greater resistance where the economy is in a backward state and the population is poorly educated. As reproducible capital including human capital increases, the prospects of a democratic transition strengthen. Similarly, as the cost of democracy sufficiently decreases, democracy is likely to be chosen as the political framework for the society
Year of publication: |
[1999]
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Authors: | Chen, Baizhu |
Other Persons: | Feng, Yi (contributor) |
Publisher: |
[1999]: [S.l.] : SSRN |
Description of contents: | Abstract [papers.ssrn.com] |
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