This paper presents a formal model that characterizes the political mechanisms of demographic change, establishing a critical link in economic development. We demonstrate that fertility decisions are determined by three fundamental political variables: political stability, political capacity and...

This paper presents a formal model that characterizes the political mechanisms of demographic change, establishing a critical link in economic development. We demonstrate that fertility decisions are determined by three fundamental political variables: political stability, political capacity and...

This paper presents a formal model that characterizes the two faces of development - persistent poverty, as well as industrialization and rising incomes - and establishes that the interaction between politics and economics determines which path a nation travels. We demonstrate that political...