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South Korea is renowned as one of the success stories of fast economic development. The Korean developmental state was a highly efficient, meritocratic, and fully monopolized coercive force. These resources were skilfully leveraged to shape the direction of private sector actors towards...
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The paper considers the impact of political institutions on economic growth applying the case of Russian regions in 2000-2004. First, it studies the influence of democracy on the economic performance, providing evidence for non-linear relation between democracy and economic growth. Regions with...
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