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democracy. With respect to risky choice behavior, a multitude of empirical evidence shows the disconformity of human behavior …, the political economy literature considers economic development itself as an important determinant of democracy. The fifth … study of the dissertation investigates the effect of income on democracy, based on the premise that the theory of critical …
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Civil war is often caused by poverty, and further demolishes existing capital. Such a vicious circle is detrimental for economic development of countries experiencing civil war. Civil war may also contribute to creative destructions of traditional economic, social and political system, leading...
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