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Europe a positive impulse towards the development of representative democracy. It shows that contemporary regimes are shaped …
Persistent link: https://www.econbiz.de/10013022172
We construct a simple model where political elites may block technological and institutional development, because of a 'political replacement effect'. Innovations often erode elites' incumbency advantage, increasing the likelihood that they will be replaced. Fearing replacement, political elites...
Persistent link: https://www.econbiz.de/10013246644
This paper documents that the Rise of (Western) Europe between 1500 and 1850 is largely accounted for by the growth of …. Atlantic trade and colonialism affected Europe both directly, and indirectly by inducing institutional changes. In particular …, thus enabling new merchants in these countries to benefit from Atlantic trade. Therefore, the Rise of Europe was largely …
Persistent link: https://www.econbiz.de/10013246977
the 1790s and later under Napoleon invaded and controlled large parts of Europe. Together with invasion came various …
Persistent link: https://www.econbiz.de/10014209326