"A development economist with roots in India and the United States offers a short but deep and ambitious account of the corrosive effects of economic and cultural insecurity on liberal democracy in rich and poor countries alike. His diagnosis: the problem is not inequality or capitalism, but...

The paper analyzes whether the political regime of a country influences its involvement in international trade. Firstly, we develop a theoretical model that predicts that autocracies trade less than democracies. Secondly, we test the predictions of the model empirically using a panel of more...