Studies on the role of birth order in educational achievement in developing countries have yielded contradictory findings. This study uses unique and novel data on 4,362 siblings living in alternative care families in 54 countries. Results suggest negative birth order effects among biological...

After the fall of state socialism about two decades ago, democracy and market economies were assumed to diffuse worldwide. However, the American financial crisis of 2008, leading to a worldwide economic crisis caused increasing criticism of capitalism. As laissez-faire capitalism, Keynesianism...