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through which institutions influence aggregate savings and economic development. Whereas research in the field of savings … decisions concentrates largely on the level of the individual, the literature on institutions and growth as well as on aggregate … reasoning, arguing that institutions may influence the individual savings decision as well as national savings in aggregate …
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The paper provides a systematic and quantitative review of the empirical evidence on the effects of development aid on democracy and governance. We find that aid has had, on average, a zero or negative effect on democracy, except that it has had a positive effect on democratization in European...
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-democracy environments; (c) some countries have developed political institutions capable of counterbalancing this effect. Copyright Springer …
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-protection rules. We thus highlight the crucial role of democratic institutions for economic development. Copyright Springer Science …
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Different institutions can produce more (or less) preferred outcomes, in terms of citizens’ preferences. Consequently …, citizen preferences over institutions may “inherit”—to use William Riker’s term—the features of preferences over outcomes. But … reform to split a state’s Electoral College votes proportionally is explained by (1) which candidate one supports, (2) which …
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