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comparative advantage leads to gains from trade. If political conflict leads to a diminution of trade, then at least a portion of … the costs of conflict can be measured by a nation's lost gains from trade. The greater two nations' gains from trade the … more costly is bilateral (dyadic) conflict. This notion forms the basis of Baron de Montesquieu's assertion regarding …
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This paper shows that franchise extension is not enough for commitment to redistribution and that in the absence of de facto empowerment, the threat of revolution is intact. In particular, the paper studies the relationship between a democratic reform that extends the political rights of a...
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