Showing 1 - 10 of 115
Europe but accelerate in the US? A consensus is emerging that US institutions foster creative destruction and financial … markets that welcome innovation, while Europe remains under the control of corporatist institutions that dampen competition … and inhibit new entry. Further, Europe lacks a youth culture like that of the US which fosters independence: US teenagers …
Persistent link: https://www.econbiz.de/10005123790
magnitude of episodes of mass killing and the levels of development and democracy across countries and over time. Mass killings … appear to be more likely at intermediate levels of income and less likely at very high levels of democracy. However, the … estimated relationship between democracy and probability of mass killings is not linear in the full sample. In the 20th century …
Persistent link: https://www.econbiz.de/10005789009
Does democracy promote economic development? We review recent attempts to addresses this question, which exploit the … within-country variation associated with historical transitions in and out of democracy. The answer is positive, but depends … each induce growth accelerations, but countries liberalizing their economy before extending political rights do better than …
Persistent link: https://www.econbiz.de/10005789020
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
Which of the democratic checks and balances – opposition parties, the judiciary, a free press – is the most critical? Peru has the full set of democratic institutions. In the 1990s, the secret-police chief Montesinos systematically undermined them all with bribes. We quantify the checks...
Persistent link: https://www.econbiz.de/10005791801
Do foreign educated individuals play a role in promoting democracy in their home country? Despite the large amount of … foster democracy in their home countries. Using a unique panel dataset on foreign students starting from 1950, I show that … indeed foreign-educated individuals promote democracy in their home country, but only if the foreign education is acquired in …
Persistent link: https://www.econbiz.de/10005791894
We investigate the origin and evolution of the legal institution of citizenship from a political economy perspective … that a jus sanguinis origin is a factor of resistance to change, that a high degree of democracy promotes the adoption of …
Persistent link: https://www.econbiz.de/10005792114
private property rights is stronger the higher is the economy's aggregate income and the more equal its distribution. When … and growth. In a very unequal economy, however, this growth-enhancing democratization will not take place. These …
Persistent link: https://www.econbiz.de/10005792258
civil law traditions, which apply jus soli and jus sanguinis, respectively. We compile a dataset across countries of the … establishment of democracy, the welfare burden, cultural factors and colonial history. …
Persistent link: https://www.econbiz.de/10005114217
also when controlling for possible endogeneity of liberalization in growth. (2) Democracy encourages liberalization … - countries which introduced greater democracy subsequently progress further in economic liberalization too. (3) Because of its … reinforcing effect on liberalization, democracy has a positive overall impact on growth. Nevertheless, the marginal effect of …
Persistent link: https://www.econbiz.de/10005114240