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Why did the West Extend the Franchise? Democracy, Inequality and Growth in Historical Perspective

Acemoglu, Daron; Robinson, James A - C.E.P.R. Discussion Papers - 1998

During the nineteenth century, most Western societies extended voting rights, a decision that led to unprecedented redistributive programs. We argue that these political reforms can be viewed as strategic decisions by political elites to prevent widespread social unrest and revolution. Political...

Persistent link: https://www.econbiz.de/10005791338

Inefficient Redistribution

Acemoglu, Daron; Robinson, James A - C.E.P.R. Discussion Papers - 1999

There are many well developed theories which explain why governments redistribute income. There are very few theories, however, which can explain why this redistribution often takes an inefficient form. In this paper we develop a theory of why redistribution is made inefficiently. Inefficient...

Persistent link: https://www.econbiz.de/10005067380

A Theory of Political Transitions

Acemoglu, Daron; Robinson, James A - C.E.P.R. Discussion Papers - 1999

We develop a theory of political transitions inspired in part by the experiences of Western Europe and Latin America. Nondemocratic societies are controlled by a rich elite. The initially disenfranchised poor can contest power by threatening social unrest or revolution, and this may force the...

Persistent link: https://www.econbiz.de/10005661707

Democratization or Repression?

Acemoglu, Daron; Robinson, James A - C.E.P.R. Discussion Papers - 1999

Regimes controlled by a rich elite often collapse and make way for democracy amidst widespread social unrest. Such regime changes are often followed by redistribution to the poor at the expense of the former elite. We argue that the reason why the elite may have to resort to full-scale...

Persistent link: https://www.econbiz.de/10005666486

The Power of the Street: Evidence from Egypt's Arab Spring

Acemoglu, Daron; Hassan, Tarek; Tahoun, Ahmed - C.E.P.R. Discussion Papers - 2014

During Egypt's Arab Spring, unprecedented popular mobilization and protests brought down Hosni Mubarak's government and ushered in an era of competition between three groups: elites associated with Mubarak's National Democratic Party (NDP), the military, and the Islamist Muslim Brotherhood....

Persistent link: https://www.econbiz.de/10011083238

Property Rights, Corruption and the Allocation of Talent: A General Equilibrium Approach

Acemoglu, Daron; Verdier, Thierry - C.E.P.R. Discussion Papers - 1996

enforcement of property rights influences the ex-post distribution of rents, there is room for corruption. We characterize the …) rents to government employees; ii) corruption; and iii) misallocation of talent. Therefore, these observations are not by … corruption and the misallocation of talent, and increase investment. It will also often be the case that bureaucracies will …

Persistent link: https://www.econbiz.de/10005124188