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This paper presents theoretical and empirical evidence on the nexus between corruption and democracy. We establish a … political economy model where the effect of democracy on corruption is conditional on income distribution and property rights … equality which shows that corruption is a nonlinear function of these variables. The results indicate that democracy will work …
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accumulate. Consistent with the basic intuitions of Marx's theory of technical change, we show that there is no obvious relation …
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Predominant views on the political economy of Latin America and the Caribbean tend to emphasize that elite domination helps to understand the high levels of inequality. The contemporary fiscal version of that assertion goes something like “the rich are powerful and they dont like taxes, hence...
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social democracy? And, is it any longer possible to promote a significant redistribution of income in favour of labour …
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