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We present a model of a peaceful transition from autocracy to democracy using federal governance as a constitutional means to protect the economic interests of the once ruling elite. Under "democratic federalism" the constitution creates an annual policy game where the new majority and the elite...
Persistent link: https://www.econbiz.de/10012464914
We construct a model of revolution and transition to democracy under individualistic and collectivist cultures. The main result is that, despite facing potentially larger collective action problems, countries with an individualistic culture are more likely to end up adopting democracy earlier...
Persistent link: https://www.econbiz.de/10012457549
A majority of the world democracies are far from the benchmark of representative democracy. This paper presents a model of political transitions based on a minimalist conception of the democratic state, i.e. a form of government solely characterized by competitive elections. We show that the...
Persistent link: https://www.econbiz.de/10012458113
South Africa's transition from apartheid to democracy stands as one of the past century's most important political events. The transition has been successful to this point because the new constitution adopted a form of federal governance that has been able to provide protection for the economic...
Persistent link: https://www.econbiz.de/10012460859
Web3 and DeFi are widely advocated as innovations for greater financial inclusion and democratization. We assemble the …
Persistent link: https://www.econbiz.de/10014226146
suggesting that inequality tends to increase after democratization when the economy has already undergone significant structural …
Persistent link: https://www.econbiz.de/10012458917
major impact of web-based educational technologies will be the democratization of education: educational resources will be …
Persistent link: https://www.econbiz.de/10012458812