Showing 1 - 10 of 264
We investigate the effects of economic crises on the subsequent economic performance, economic reform, democratization …
Persistent link: https://www.econbiz.de/10009488896
This paper studies empirically the effects of and the interactions amongst economic and political liberalizations. Economic liberalizations are measured by a widely used indicator that captures the scope of the market in the economy, and in particular of policies towards freer international...
Persistent link: https://www.econbiz.de/10011450308
Persistent link: https://www.econbiz.de/10003463167
Reforms often occur in waves, seemingly cascading from country to country. We argue that such reform waves may be driven by informational spillovers: uncertainty about the outcome of reform is reduced by learning from the experience of similar countries. We motivate this hypothesis with a simple...
Persistent link: https://www.econbiz.de/10009503832
Persistent link: https://www.econbiz.de/10003630516
The fall of the Berlin Wall in 1989 brought the end of socialism, yet pro-socialist sentiment regained momentum surprisingly quickly across Eastern Europe. Why did voters move back to an ideology that was associated with unfree elections and lackluster economic performance? This paper points to...
Persistent link: https://www.econbiz.de/10013418954
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/10011587539
In this paper we use a transparent statistical methodology - synthetic control methods - to implement data-driven comparative studies about the impact of autocratic transition on real per capita GDP. The applied methodology compares the growth of countries that experienced a transition to...
Persistent link: https://www.econbiz.de/10003939967
political power in society. Development is typically inconsistent with the preservation of the political status quo and this … the future. The model also predicts that the lower is the level of income, and the more unequal is society, the more …
Persistent link: https://www.econbiz.de/10009781676
Persistent link: https://www.econbiz.de/10003498667