This paper seeks to offer an economic explanation for the emergence of democracy in societies with high income … to render democracy less unpleasant to the elites by making future tax concessions possible. However, inequality should …

1960 to 2010 and dynamic panel data analysis, we find a significant and negative relationship between income and democracy … exogenous and endogenous democracy. The former explains whether external factors, such as the end of the Cold War, as well as … Cold War has a significant influence on the democratisation process probably because of the pro-democracy policies …

democracy becomes acceptable and "the only game in town". For that we use a sample of all nine South American young democracies …

whether democracy needs development for its own consolidation. We use a sample of all nine countries that re-democratised in … that income, or development in general, plays a positive role in "sustaining" democracy. Moreover, the exogenous version of … relatively poorer and democracy a rather elusive concept in the region. We also test for the critical junctures hypothesis, or …

generating high inflation and macroeconomic instability. All in all, we suggest that the implementation of democracy as such …

In this paper I investigate whether democracy in the Southern African Development Community (SADC) has had any effect … Variables, eg the end of the cold war is one of the contemporaneous external sources of variation to democracy, to deal with … reverse causality in thin panels), suggest that democracy, and the better governance that tends to be associated with it, has …