Showing 1 - 10 of 175
We investigate the effects of economic crises on the subsequent economic performance, economic reform, democratization …
Persistent link: https://www.econbiz.de/10013111368
anticipation of new loans from in-ternational financial institutions can trigger political transitions which would not otherwise … probability of a transition from autocracy to democracy and reduces the probability of democratic survival …
Persistent link: https://www.econbiz.de/10013099239
We examine the effects that variations in the international food prices have on democracy and intra-state conflict … increases in the international food prices lead to a significant deterioration of democratic institutions and a significant … in the international food prices have no significant effects on democratic institutions and measures of intra …
Persistent link: https://www.econbiz.de/10013092514
We study the relationship between participation in free trade agreements (FTAs) and the sustainability of democracy … of regionalism and of worldwide democratization since the late 1980s …
Persistent link: https://www.econbiz.de/10013086606
The paper reexamines Lipset's theory of democratization, by distinguishing the role of (economic) development from that … explanation of the positive relationship between economic development, education, and democratization, and of the negative … relationship between inequality and democratization. Furthermore, we obtain new insights on the resources-curse hypothesis and on …
Persistent link: https://www.econbiz.de/10012963389
Democracy usually is identified by the right to vote. However, in recent times voting procedures have been criticized … process. We suggest invigorating an old but nearly forgotten procedure to overcome this deficit: Aleatoric Democracy based on … considered. Persons and ideas, being so far disregarded, are taken into account. Democracy becomes vivid and creative, and does …
Persistent link: https://www.econbiz.de/10012964771
This paper develops a new model of trade policy under dictatorship and democratization. The paper makes two … contributions. One is to provide a deeper understanding of the relationship between political institutions and economic efficiency …
Persistent link: https://www.econbiz.de/10012945109
This paper shows how a world price shock can increase the likelihood that democratization must be used to resolve the … price shock can push the country into a situation where the elite face a commitment problem that only democratization can … of national income per capita and democracy may not be positively correlated. The model is also useful for understanding …
Persistent link: https://www.econbiz.de/10013315548
We study the association between resource rents and political stability, highlighting the importance of the distribution of political power as a mediating factor. We present a simple theoretical model showing that increased rents are likely to be positively associated with the stability of a...
Persistent link: https://www.econbiz.de/10013054959
In this paper we study the evolution of central banks' balance sheets in 12 advanced economies since 1900. We find that balance sheet size in most developed countries has fluctuated within rather clearly defined bands relative to output. Historically, clusters of big expansions and contractions...
Persistent link: https://www.econbiz.de/10013021414