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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
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
bloc and in other countries around the world. Additional findings document that demography's effect partly captures …
Persistent link: https://www.econbiz.de/10014458830
This paper presents new evidence on how demography affects attitudes toward democracy and policy preferences. The empirical analysis disentangles age effects from cohort effects and separates their role from economic and political factors that shape political preferences in a given period, using...
Persistent link: https://www.econbiz.de/10012803695
bloc and in other countries around the world. Additional findings document that demography's effect partly captures …
Persistent link: https://www.econbiz.de/10013366771
This paper throws new light on the relationship between income and democracy. Using data for 162 countries over 1960-2018, we show that the causal relationship between political and economic development is U-shaped: "intermediate" political regimes significantly lead to inferior economic...
Persistent link: https://www.econbiz.de/10013412764
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