Showing 1 - 10 of 40
This paper provides empirical evidence for the importance of institutions in determining the outcome of crises on long-term growth. Once unobserved country-specific effects and other sources of endogeneity are accounted for, political institutions affect growth through their interaction with...
Persistent link: https://www.econbiz.de/10010278293
Drawing on the history of statebuilding in Western Europe, fiscal sociology has proposed the existence of a mutually reinforcing effect between the emergence of representative government and effective taxation. This paper looks at the case of Benin, a low-income West African country that...
Persistent link: https://www.econbiz.de/10010398764
In this paper, I assume that global intergovernmental organizations (GIGOs) function as "enablers" of interstate liberal politics by way of their multilateral institutional frameworks. To support this view, I recall and adapt the classical concept of "polyarchy," coined in the early 1950s by...
Persistent link: https://www.econbiz.de/10010477163
argued that such personalisation contributes to the current trend of autocratisation and the global decline of democracy. Yet …
Persistent link: https://www.econbiz.de/10014458442
This paper evaluates the sustainability of large current account imbalances in the era when the Chinese GDP growth rate and current account/GDP exceed 10%. We investigate the size distribution and the durability of current account deficits during 1966-2005, and report the results of a simulation...
Persistent link: https://www.econbiz.de/10010322714
individuals and the prevailing unemployment rate in the country impact perceptions of the effectiveness of democracy. We find that … personal joblessness experience translates into negative opinions about the effectiveness of democracy, and it increases the … year is the main source of the impact. Joblessness-related negative attitude towards the effectiveness of democracy is not …
Persistent link: https://www.econbiz.de/10010275894
This paper examines the causal link between education and democracy. Motivated by a model whereby educated individuals … are in a better position to assess the effects of public policies and hence favor democracy where their opinions matter … results hold across countries with different levels of democracy, thus rejecting the hypothesis that indoctrination through …
Persistent link: https://www.econbiz.de/10010278288
non-hostile country. The result is a non-monotonic relationship between democracy and peace. Using the Polity IV dataset …
Persistent link: https://www.econbiz.de/10010282868
Democracy is defined by two core tenets: voice and pluralism. Within these constraints, a wide variety of regime types … can be designed. We show that the only new, untested form of democracy is when every citizen is governed by the political … one sovereign only over the people who chose to vote for it - hence the name: Choice Democracy. Choice Democracy can be …
Persistent link: https://www.econbiz.de/10010316842
. We find that emigration and human capital both increase democracy and economic freedom. This implies that unskilled …
Persistent link: https://www.econbiz.de/10010336024