We present a simple model that illustrates how democracy may improve the quality of economic institutions. The model further suggests that institutional quality varies more across autocracies than across democracy and that the positive effect of democracy on institutional quality is increasing...

We present a simple model, illustrating how democracy may improve the quality of the economic institutions. The model further suggests that institutional quality varies more across autocracies than across democracy and that the positive effect of democracies on economic institutional quality...

We present a simple model that illustrates how democracy may improve the quality of economic institutions. The model further suggests that institutional quality varies more across autocracies than across democracy and that the positive effect of democracy on institutional quality is increasing...

We present a simple model, illustrating how democracy may improve the quality of the economic institutions. The model further suggests that institutional quality varies more across autocracies than across democracy and that the positive effect of democracies on economic institutional quality...

We present a simple model, illustrating how democracy may improve the quality of the economic institutions. The model further suggests that institutional quality varies more across autocracies than across democracy and that the positive effect of democracies on economic institutional quality...

Bangladesh is currently in the midst of a deadly political crisis. When Bangladesh was born forty-plus years ago, it was generally thought that the Achilles heel of this newly minted country will be its economy. History has, however, proved it wrong. Though the proximate cause of this current...

In the present essay we introduce the concept of macroculture as a complex of mutually supporting values, norms and beliefs in various areas of human activity, like war, religion, politics, athletics, etc. in a model. Then, by applying the concept of bounded rationality, we analyse how some...

The following section are included:IntroductionWhat Do Democratic Transitions Look Like?How Do Transitions Happen?What Makes Transitions Successful?ConclusionAppendixAcknowledgmentsReferences

The following section are included:IntroductionThe Single-Party Regime and Étatism (1923–1945)Transition to Multi-Party Regime (1946–1950)Infancy Phase of the Multi-Party Regime — Failure on Both Fronts (1950–1960)Multi-Party Regime on a Fragile PathTowards an Open Market EconomyThe...

The following section are included:IntroductionThe FrameworkSocial Order and Economic Conditions in Iran in Early 20th CenturyTransformation of Social Order under Reza ShahEconomic and Political Change under Mohammad-Reza ShahFormation of the Islamic Republic under Ayatollah...