instrument sets, and the measurement of democracy. In addition, we observe evidence that external intervention increases …

The Kantian thought had advanced the idea that wars and military expenditure should decrease as long as democracy … widens across the World. Historical evidence seems to invalidate this wisdom because frequency of wars is ncreasing over time … and peaceful world seems to hold only for full democracy with large political participation. …

, the World Trade Center Bombing in 1993, and 9/11 2001. The index for Massachusetts foretold with amazing precision those …

The purpose of this paper is to revisit the question if trade promotes peace or not? I account for heterogeneity of … trade dyads over time in using panel estimation techniques. The world is modeled as a rectangle. I present models focusing … on how conflict affects trade, and in another set of models how trade affects conflict. To account for simultaneity I use …

In the present paper we undertake to link democracy with a set of indicators for economic freedom and financial crises … working of democracy (Georgiou, 2011) and thus, to the rise of extremist parties. Our findings support the idea that …

of democracy and institutions develop, in particular property rights, that foster economic development. We analyze this … for Bronze Age and Archaic Greece, as being the historical case where such a macroculture favorable to democracy and … proto-democratic values leading to the establishment of democracy as a political phenomenon in Classical Greece. …

The theoretical discussion on globalization has suggested that there are linkages between democracy and trade, although … of whether democratic regimes influence trade policy, as opposed to the actual relationship between democracy and trade … of bilateral trade data for the period 1948-1999, while taking into account the role of democracy. It finds that …