and Agarwhal (2002) argue that democracy first increases corruption due to the newly introduced freedom and rights, and … then as democracy grows corruption decreases. The purpose of this paper is to examine the relationship between inequality … and democracy in two directions, both the effect of democracy on inequality and the effect of inequality on democracy. It …

by low inflation, robust growth and low level of bureaucratic corruption due to better governance. In contrast, the … economic performance during the democratic regimes has been observed to worsen with weak governance and high levels of …

We examine the impact of civil war on democratization. Using a theoretical bargaining model, we hypothesize that … prolonged violence, war termination, the presence of natural resources, and international intervention influence democratization … civil war lowers democratization in the succeeding period. This finding appears to be robust to conditioning, different …

undeniable improvements of the framework and outside appearance of major institutions of the regime during the survey period it … remained a façade democracy. However, the international community, notably African peers, the AU and ECOWAS, but also the … Bretton-Woods Institutions, China and the EU, followed a ‘laissez faire’ approach in the interest of stability and their …

towards democratization and economic prosperity. Western donors took Togo as model to test their approach of political … linkage between democratization and economic performance in Western Africa are challenged because of lack of viable data. It … is open to question, whether Togo’s expected economic consolidation and growth will be due to democratization of its …

North, with many other Samuelsonian economists, thinks of “institutions” as budget constraints in a maximization …

Democracy cross time and space? Can we imagine or theorize the genesis of the democratic self-restraint in alternative sources …? The following research design is an attempt to apply the well-known theory of Lipset’s Social Requisites of Democracy to …

A long tradition in economics explores the association between the quality of formal institutions and economic … performance. The literature on the relationship between such institutions and happiness is, however, rather limited, and … inconclusive. In this paper, we revisit the findings from recent cross-country studies on the institutions-happiness association …

both political-economic institutions as well as the primarily political institution of democratic development. Using both … weakly positive relationship. Political economic institutions, however, remain positive and significant determinants of …

Many empirical studies are ambiguous about whether good formal institutions are conducive to subjective well-being or …