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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...
Persistent link: https://www.econbiz.de/10012236426
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...
Persistent link: https://www.econbiz.de/10013342090
countries (representing 85 percent of the world population) from 1960-2012. Since 1988, inequality has marginally decreased …
Persistent link: https://www.econbiz.de/10012962120
Persistent link: https://www.econbiz.de/10010493704
The decrease in the rule of law and in control of corruption in several EU countries is a threat to the cohesion in the EU. Brexit has reinforced the centrifugal forces in the EU. To counter this threat the EU needs to engage in unpopular measures as they infringe on the Member States'...
Persistent link: https://www.econbiz.de/10011516715
Empirical analysis shows that formal and informal institutions are key factors in explaining why some countries, as well as territories within countries, are more prosperous than others are. After almost 160 years from their formal unification, Italian territories are still quite heterogeneous...
Persistent link: https://www.econbiz.de/10012866607
democratization and therefore prefer political institutions with strong veto players. Parallel civilian interests conversely suffer … democratizations are partially planned while most democratization events from civilian autocracy are either unforeseen or poorly … planned. Exploring the characteristics of 111 democratization episodes between 1950 and 2015, I find a number of features …
Persistent link: https://www.econbiz.de/10011763058
Societies in Western civilisation enforce their rules through formal institutions such as secularism (SES), whereas in less developed civilisations often rely on informal institutions such as religion (RES). The present paper attempts to explain the determinants of societies’ choice between...
Persistent link: https://www.econbiz.de/10011524872
Coups and regime transitions are events that typically are intended to change the basic institutional framework of a country. Which specific policies change and the consequences of these changes nevertheless remains largely unknown. Change after a coup or transition implies that some form of...
Persistent link: https://www.econbiz.de/10012021629
% of world income. By contrast, a gradual dismantling of genderbased discriminatory social institutions by 2030 could …
Persistent link: https://www.econbiz.de/10011580786