The ruling political party or the ruling government has rights in drafting and implementing economic policies including the budget policy. In the case of Malaysia, as observed, the budget policy is associated with the long or medium term economic development plans that are drafted, current...

In this paper, we formulate a political system that can satisfy certain desirable characteristics that include democratic participation, serving for universal interest, public sector efficiency, and sustainable by incentive compatibility and virtuous cycles. The system comprises a set of rules...

Since the beginning of the year 2011, the political crisis of Sudan expands everyday. The inevitable secession of Southern Sudan amplifies with the chronic crisis of Abyei pocket between the north and the south. However, most analysts vocalize their astonishment at irrational official behavior...

We investigate the possible interaction effects that the extent of property rights protection and separation of powers in a political system have on economic growth. Using analysis of panel data from more than countries over the period 1970-2010 we find that the growth effects of property rights...

The traditional relationship of patronage and clientship between the landlord- and the growing commercial class in Bida and other Nigerian Emirates - firmly established during the 19th century - left indelible marks which influence the pattern of social communication between these two classes...

The study attempts to highlight the interrelation between three central points in the ongoing debate on the political economy of development: viability, surplus, and class-formation. A case study of the develop¬ment of rural labour systems in Northern Nigeria is meant to provide both a better...

In the analysis of the economic motivation of the war, the financial evaluation around resourcing stands; In Colombia has made ​​considerable effort to understand and quantify the finances of the guerrillas. If you remove a small fraction of funding from public funds, it can be said that the...

This paper presents an agency theory of revolutionary political transitions from autocracy to democracy. We model authoritarian economic policy as the equilibrium outcome of a repeated game between an elite ruling class and a disenfranchised working class, in which workers have imperfect...

This paper considers the role of asymmetric information in a political agency theory of autocratic economic policy making. Within the context of a static game, we analyze the strategic interaction between an elite ruling class that sets policy and an imperfectly informed disenfranchised class,...

Can governments still use trade to reward and punish partner countries? While WTO rules and the pressures of globalization restrict states' capacity to manipulate trade policies, politicization of trade is likely to occur where governments intervene in markets. We examine state ownership of...