a chain of legitimacy does not appear to be sufficient to justify transnational democracy. Starting from this diagnosis … deutschen Staats- und Verfassungslehre. Diese Konzeption erscheint im Kontext der Legitimation transnationaler Demokratie jedoch …

democracy. Scholars opposed to the cancelation of sovereign debt refer to the Glorious Revolution of 1688, in which the British … identifying the intrinsic contradictions of representative democracy, public debt, and modern banking in early modern England …, contradictions that were incompatible with the well-being and democracy of a community. It further examines how the contradictions of …

) as one way in which to transfer wealth to poor societies, leading to democracy. The most recent literature assesses this … point better. We create models of democracy and use estimates of FDI stock for 107-120 countries over the 1970-2000 time … period as a principal control variable. We find that FDI Granger-causes democracy to a greater degree than the other way …