elites actually lead to lower economic growth. -- elites ; bureaucracy ; abuse of power ; revolving door ; economic growth … prevent it. Moreover, this paper shows that the bureaucratic elite obtains excessive bureaucratic power, and that promiscuous …

society consists of rich and poor individuals. The rich are initially in power, but expect to transition to democracy, which … rents for bureaucrats than would an efficient state structure. When the poor come to power in democracy, they will reform … they may further expand the size of bureaucracy so as to gain additional votes. The model shows that an equilibrium with an …

society consists of rich and poor individuals. The rich are initially in power, but expect to transition to democracy, which … rents for bureaucrats than would an efficient state structure. When the poor come to power in democracy, they will reform … they may further expand the size of bureaucracy so as to gain additional votes. The model shows that an equilibrium with an …

) and civil society (representing non-elite citizens), where both players can invest to increase their power. The model …

) and civil society (representing non-elite citizens), where both players can invest to increase their power. The model …

) and civil society (representing non-elite citizens), where both players can invest to increase their power. The model …