We construct a staged development framework with multi-period discrete choices to study the colonization of Hong Kong, which facilitated the trade of several agricultural and manufactured products, including opium, between Britain and China. The model is particularly designed based on historical...

Pas gati tri decenieve që nga fillimi i transicionit nga komunizmi për në demokraci dhe ekonomi të hapur të tregut në Evropën Qendrore dhe Lindore (EQL), Konsensusi i Uashingtonit në përgjithësi e merr notën si dështim. Gjersa përvoja nga EQL përveç rezultateve të përbashkëta...

Influential recent scholarship assumes that authoritarian rulers act as perfect agents of economic elites, foreclosing the possibility that economic elites may at times prefer democracy absent a popular threat from below. Motivated by a puzzling set of democratic transitions, we relax this...

This paper gives an overview of the topic "economic governance". This term is used in economics and neighboring social sciences as a generic term under which usually all activities are subsumed that are conducted by economic policymakers to 'steer' or 'control' the economic system, individual...

This article examines the relationship between presence of vertical and horizontal inequalities and the emergence of social, distributive and civil conflicts in Belarus, Latvia, Kazakhstan, Kyrgyzstan, Lithuania, Russian Federation, Tajikistan and Ukraine. Are ethnic, religious or linguistic...

This paper formulates a simple mathematical framework for the selection of an optimum "relative unanimity” collective decision rule. The approach is first to identify the benefits of moving from a rule of simple majority towards a rule of full unanimity. Then, the costs of moving from simple...

The central purpose of this paper is to introduce a new political economy explanation to modern Social Security Systems. This approach is based on the Single-Mindedness Theory (SMT), which assumes that the more single-minded groups are able to exert a greater power of influence on Governments...

This work intends to specify a formula for the optimal taxation in Probabilistic Voting Models with Single Mindedness Theory. The goal is to find an equivalent expression to the Ramsey’s rule for a political economy environment where Governments are assumed to be Leviathans rather than...

In this paper I analyse a labour market where the wage is endogenously determined according to an Efficient Bargaining process between a firm and a labour union whose members are partitioned into two social groups: the old and the young. Furthermore, I exploit the Single-Mindedness theory, which...

This theoretical model demonstrates that there is an excess burden from potential theft similar to that which results from an indirect tax with some positive probability of payment. In addition, the model shows that potential theft creates a bias for consumption to drift away from "steal-able"...