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We present a theoretical model postulating that the relationship between crime and governance is “hump-shaped”, rather than linearly decreasing, when criminals need access to markets. State collapse, violent conflict and a lack of infrastructure are not conducive for the establishment of any...
Persistent link: https://www.econbiz.de/10009421587
When the Qing Empire collapsed in 1911, military groups moved to the forefront. The power of regional warlords bloomed during 1916–28, splitting China into disparate fiefdoms. The fragmentation of China largely defined the course of events in this country through all 20 century, so explaining...
Persistent link: https://www.econbiz.de/10011240556
Czechoslovakia, Soviet Union and the Baltics was very high around the time of disintegration, exceeding the normal level of trade … approximately 40 times. Disintegration has been followed by a sharp fall in trade intensity. On the other hand, the trade …
Persistent link: https://www.econbiz.de/10008614746
In 1993, Czechoslovakia experienced a two-step break-up. On January 1, the country disintegrated as a political union, while preserving an economic and monetary union. Then, the Czech-Slovak monetary union collapsed on February 8. This paper analyzes the economic background of the two break-ups...
Persistent link: https://www.econbiz.de/10008614764
In this paper I examine single member, simple plurality elections with n 2 probabilistic voters and show that the maximization of expected vote share and maximization of probability of victory are “generically different” in a specific sense. More specifically, I first describe finite...
Persistent link: https://www.econbiz.de/10005412464