We study the process of endogenous democratization from inefficient oligarchic systems in an economy where … the conditions under which democratization initially takes place. The political regime and the extent of redistribution …

option to engage in conflict. Using a game theoretical framework, it is argued that an increase in the amount of natural … resources (in the informal sector where conflict for a common-pool rent materializes) reduces the incentives of entrepreneurial … increase in the amount of resources in the common pool induces intensified conflict among groups and less R&D investment …

This paper empirically assesses how democratization affects real exchange rates. Specifically, in line with the … democratic peace theory we argue that democratization reduces currency undervaluation, and thus, might bring misalignments in … results reveal that democratization causes real exchange rates to appreciate, lending empirical support to the democratic …

(consensual crowding out). And finally, the more a government supports democratization, the lower is the individual's engagement …

(consensual crowding out). And finally, the more a government supports democratization, the lower is the individual's engagement …

From "Comrade" to "Monsieur": Structural Adjustment and Democratization in Benin: The process of political and economic …

Recent development cooperation with Guinea-Bissau, focusing on good governance, statebuilding and conflict prevention …, did not contribute to democratization nor to the stabilization of volatile political, military and economic structures … based on dubious concepts. Certainly, the impact of drug trafficking could endanger democratization and state-building if …