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Is Democracy Eluding Sub-Saharan Africa?

Chisadza, Carolyn; Bittencourt, Manoel - Economic Research Southern Africa (ERSA) - 2014

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 …

Persistent link: https://www.econbiz.de/10010885332

Yet Another Look at the Modernisation Hypothesis: Evidence from South America

Bittencourt, Manoel - Economic Research Southern Africa (ERSA) - 2013

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 …

Persistent link: https://www.econbiz.de/10010640958

On the Looting of Nations

Sarr, Mare; Bulte, Erwin; Meissner, Chris; Swanson, Tim - Economic Research Southern Africa (ERSA) - 2010

We develop a dynamic discrete choice model of an unchecked ruler making decisions regarding the development of a resource-rich country. Resources serve as collateral and facilitate the acquisition of loans. The ruler chooses either to stay in power while facing the risk of being ousted, or loot...

Persistent link: https://www.econbiz.de/10008643861

Does Education Promote Stable Property Rights?

Bedasso, Biniam E. - Economic Research Southern Africa (ERSA) - 2013

This paper sets out to establish an empirical link between education and property rights. The analysis is based on a new index of property rights derived from a set of commonly used indicators. As expected, education has a generally positive impact on property rights. But the relationship is not...

Persistent link: https://www.econbiz.de/10010711529

A Dream Deferred: the Microfoundations of Direct Political Action in Pre- and Post-democratization South Africa

Bedasso, Biniam - Economic Research Southern Africa (ERSA) - 2014

Persistent protests might endanger the stability of young democracies because the economic legacies of the old autocratic regimes tend to outlive their political structures. This paper seeks to explore the micro-level predictors of protest potential in South Africa before and after the end of...

Persistent link: https://www.econbiz.de/10011133823

Political transition in a small open economy: Retracing the economic trail of South Africaâ€™s long walk to democracy

Bedasso, Biniam E. - Economic Research Southern Africa (ERSA) - 2014

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 …

Persistent link: https://www.econbiz.de/10011133844

Democratisation in Africa: The Role of Self-Enforcing Constitutional Rules

Plessis, Sophia du; Jansen, Ada; Siebrits, Krige - Economic Research Southern Africa (ERSA) - 2014

Following several decades during which violent civil conflict was common in African countries, the period from 1990 onwards was notably marked by a spreading and deepening of adherence to democratic principles. However, it is true to say that many African countries are still experiencing...

Persistent link: https://www.econbiz.de/10010888686

Young Democracies and Government Size: Evidence from South America

Bittencourt, Manoel - Economic Research Southern Africa (ERSA) - 2013

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

Persistent link: https://www.econbiz.de/10010610288

Determinants of Government and External Debt: Evidence from the Young Democracies of South America

Bittencourt, Manoel - Economic Research Southern Africa (ERSA) - 2013

We investigate in this paper what are the main determinants of government and external debt in South America. Our sample purposely includes all nine South American countries that re-democratised in the last thirty years or so, and the data cover the period 1970-2007. The results, based on...

Persistent link: https://www.econbiz.de/10010640957

Democracy, Populism and Hyperinflation(s): Some Evidence from Latin America

Bittencourt, Manoel - Economic Research Southern Africa (ERSA) - 2010

coming into power after periods of political dictatorship, and which are faced with high economic inequality, end up … generating high inflation and macroeconomic instability. All in all, we suggest that the implementation of democracy as such …

Persistent link: https://www.econbiz.de/10008478911