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Persistent link: https://www.econbiz.de/10012651351
The main objective of the paper is to use the following terms of Daron Acemoglu and James Robinson - Despotic, Real, Paper, Shackled Leviathans - to check and evaluate the state of democracy, governance and social power in Central and Eastern European Countries (CECCs). Six states were included...
Persistent link: https://www.econbiz.de/10014516436
Why are we rich and others poor? What is preventing the less-developed countries from catching up with the more developed? How did we become rich? Underlying these questions are more fundamental ones: What is the nature of economic progress? What are its causes? I seek the answers to these...
Persistent link: https://www.econbiz.de/10013135194
The domain of possible power assignments within a multicameral government is multidimensional and essentially continuous. This allows policymaking authority to be divided in many ways and also allows constitutional exchange to take place along many margins of power. This internal market for...
Persistent link: https://www.econbiz.de/10012721612
Firstly, two seemingly unrelated topics of Russian politics are investigated. It is shown that under expected utility maximization the assumptions of an unbiased oil forward market and a risk-acceptant attitude (strictly convex utility function) of president Putin are sufficient to explain...
Persistent link: https://www.econbiz.de/10012962012
Can an electorate use the projected life expectancy of a lifetime-appointed executive to enforce binding, informal term limits? Informal term limits, based on the life expectancy of an executive candidate at election, would enable an electorate to exercise discretion in adjusting tenure lengths...
Persistent link: https://www.econbiz.de/10012852803
liberal opposition to share office rents, while the alternative to the negotiation is a violent conflict that ends with either … deposition of the monarchy or absolute rule by the monarch. A model of conflict between the king and the liberal opposition is … explored where conflict for office rents is a costly contest with probabilistic outcomes and results in a reduction of …
Persistent link: https://www.econbiz.de/10013050916
The World Economic Forum recognizes that while restrictions on energy affect water systems and vise versa, energy and water policy are rarely coordinated. The International Panel on Climate Change predicts that wet places will become wetter and dry places will become dryer. Transboundary water,...
Persistent link: https://www.econbiz.de/10014196020
In practice one rarely observes pure forms of dictatorship that lack a council, or pure forms of parliament that lack an executive. Generally government policies emerge from organizations that combine an executive branch of government, the king, with a cabinet or parliamentary branch, the...
Persistent link: https://www.econbiz.de/10014055672
This paper seeks to provide an improved understanding of the origins of democracy. It begins by developing a theoretical model to demonstrate how exogenous economic conditions can influence both the incentives to establish democratic institutions and the likelihood that such institutions...
Persistent link: https://www.econbiz.de/10014112734