This paper throws new light on the relationship between income and democracy. Using data for 162 countries over 1960 … political instability, while other potential mechanisms, such as education, investment and inequality, lack comparable empirical … support. These findings are robust to, among others, using night-lights instead of GDP, different democracy measures and …

education. The document begins with a review of the theoretical background since the appearance of human capital theory proposed … by Becker (1964), which made way to the emergence of the Economics of Education in the mid-twentieth century. The other … characteristics that influence the demand for post-compulsory education, because it is this demand for education where the person or …

choose the non-professional education track. Those who might have otherwise pursued higher, professional education may forgo … education since, they will be overqualified in the host country. This will have a long run affect. As time goes on, therefore …

aid generally supports rather than hinders democracy building around the world; ii) aid modalities influence the … literature on aid and democracy. It asks: Does aid-especially democracy aid-have positive impact on democracy? How? What factors … most influence its impact? In so doing, it considers studies that explicitly focus on 'democracy aid' as an aggregate …