Polterovich, Victor; Popov, Vladimir; Tonis, Alexander - Volkswirtschaftliche Fakultät, … - 2008
explain why resource abundance may lead to instability of democracy in some countries, but does not create any difficulties … creates a prerequisite for resource owners to have dominant economic power. If institutions are weak under democracy, the … the model exploration are as follows. The probability of democracy preservation is decreasing in the amount of resources …