Showing 1 - 10 of 14,075
. We study the conditions under which a state of law can be implemented under oligarchy, and when democratization is … necessary. Inequality in endowments and incomes prolongs the absence of good institutions and delays democratization. Conversely …
Persistent link: https://www.econbiz.de/10010262181
allows the elite to make credible commitments of future income redistribution in favor of the citizens, while a limited … aftermath of major wars. Motivated by this fact, we offer a theory of political transitions which focuses on the impact of … an oligarchy adopting a mass-army may voluntarily decide to promise some amount of income redistribution to its citizens …
Persistent link: https://www.econbiz.de/10010268686
simple model of transition and democratization is presented wherein we show that the effectiveness of repression by the … incumbent elite is a negative function of the distance to the free world. In consequence, there are conflicting effects of … country to start a transition process towards democratization is not necessarily the one nearest to the free world. …
Persistent link: https://www.econbiz.de/10010336055
We study the role of trade liberalization, democratization and their interaction for technology adoption. A general … equilibrium theory with heterogeneous skills predicts a complementarity between trade and political regimes. Openness should … accelerate technology adoption if coupled with democratization but may lead to a slow down if these regime changes are imbalanced …
Persistent link: https://www.econbiz.de/10010291465
We propose a positive formal framework for analyzing sovereign bail-outs in the context of the European Monetary Union (EMU) with a view to making policy recommendations regarding improvements to the EMU institutional architecture. We build our analysis on a political economic game-theoretic...
Persistent link: https://www.econbiz.de/10010334489
Die internationale Entwicklungszusammenarbeit verfolgt zwei Ziele: Armutsreduzierung und Demokratisierung. Auf der … weniger Demokratisierung – und umgekehrt. Dieser Trade-Off lässt sich auflösen, wenn es gelingt, bei diktatorischen Regimes … democratization. Using a rational choice approach to non-democratic regimes, this paper argues that there is a trade-off between these …
Persistent link: https://www.econbiz.de/10011733758
All rulers face political competition, both from rivals within their state, and from other states to which their subjects may exit. In a simple model, both kinds of competition are substitutes. Internal competition (democracy) benefits citizens by allowing them to replace rent-seeking rulers....
Persistent link: https://www.econbiz.de/10010267098
This paper studies optimal linear income taxation and redistributive social insurance when the former has the traditional labor distortion and the latter generates both ex ante and ex post moral hazard. Private insurance is available and individuals differ in labor productivity and in loss...
Persistent link: https://www.econbiz.de/10011940629
negotiation processes as well as the conditions and parameters on which the scope and limits of fiscal redistribution in EMU …
Persistent link: https://www.econbiz.de/10011430854
processes as well as the conditions and parameters on which the scope and limits of fiscal redistribution in EMU depends. In …
Persistent link: https://www.econbiz.de/10010274897