theorists have often stressed that democracy is in troubles when its population is not broadly uniform in income and wealth … connections between economic inequality and democracy, however, are not easy to detect and the body of literature is not so large … and to offer some hints on the political relevance of the inequality consequences, if any, on democracy …

Does democracy induce financial development? There are good theoretical reasons to believe this to be the case. However … fact by unpacking democracy. We posit that only democracies that appeal to the median voter, because they have adopted …