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Political Selection and Persistence of Bad Governments
Acemoglu, Daron - 2010
. Perfect democracy, where current members of the government do not have an incumbency advantage or special powers, always leads … to the emergence of the most competent government. However, any deviation from perfect democracy destroys this result … least competent government can persist forever in office. Moreover, a greater degree of democracy may lead to worse …
Persistent link: https://www.econbiz.de/10013151384
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Political Entry, Public Policies, and the Economy
Mulligan, Casey B. - 2008
which the possible equilibrium political market structures range from pure monopoly (unchallenged dictatorship) to perfectly … competitive (ideal democracy). Leaders are constrained by the threat of quot;entryquot; or their ability to tax (or both), so that … trade sanctions and other policies designed to promote democracy may actually have the unintended consequences of …
Persistent link: https://www.econbiz.de/10012772459
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Political Competitiveness
Mulligan, Casey B. - 2010
Political competitiveness - which many interpret as the degree of democracy - can be modeled as a monopolistic …
Persistent link: https://www.econbiz.de/10012760576
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How Modern Dictators Survive : An Informational Theory of the New Authoritarianism
Guriev, Sergei - 2015
We develop an informational theory of dictatorship. Dictators survive not because of their use of force or ideology but …
Persistent link: https://www.econbiz.de/10013023344
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Authoritarian Elites
Newson, Adlai - 2018
We explore the role of ruling elites in autocratic regimes and provide an assessment of tools useful to clarify the structure of opaque political environments. We first showcase the importance of analyzing autocratic regimes as non-unitary actors by discussing extant work on nondemocracies in...
Persistent link: https://www.econbiz.de/10012911730
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Odious Debt
Kremer, Michael; Jayachandran, Seema - 2021
Some argue that sovereign debt incurred without the consent of the people and not for their benefit, such as that of apartheid South Africa, should be considered odious and not transferable to successor governments. We argue that an institution that truthfully announced whether regimes are...
Persistent link: https://www.econbiz.de/10013222974
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Was Stalin Necessary for Russia's Economic Development?
Cheremukhin, Anton - 2013
This paper studies structural transformation of Soviet Russia in 1928-1940 from an agrarian to an industrial economy through the lens of a two-sector neoclassical growth model. We construct a large dataset that covers Soviet Russia during 1928-1940 and Tsarist Russia during 1885-1913. We use a...
Persistent link: https://www.econbiz.de/10013076184
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The Dictator's Inner Circle
Francois, Patrick - 2014
We posit the problem of an autocrat who has to allocate access to the executive positions in his inner circle and define the career profile of his own insiders. Statically, granting access to an executive post to a more experienced subordinate increases political returns to the post, but is more...
Persistent link: https://www.econbiz.de/10013052502
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Highway to Hitler
Voigtländer, Nico - 2014
popular support, helping to entrench the Nazi dictatorship. Direct economic benefits such as declining unemployment near …
Persistent link: https://www.econbiz.de/10013053480
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Choosing a Dictator : Bureaucracy and Welfare in Less Developed Polities
Rauch, James E. - 2021
Recent work in the sociology of economic development has emphasized the establishment of a professional government bureaucracy in place of political appointees as an important component of the institutional environment in which private enterprise can flourish. I focus on the role that internal...
Persistent link: https://www.econbiz.de/10013212898