The paper reexamines Lipset's theory of democratization, by distinguishing the role of (economic) development from that … explanation of the positive relationship between economic development, education, and democratization, and of the negative … relationship between inequality and democratization. Furthermore, we obtain new insights on the resources-curse hypothesis and on …

for considering the evidence, bringing together core theories of democratization with work on foreign aid effectiveness …. Overall, the evidence is most consistent with institutional and agentbased theories of exogenous democratization, and least … democratization. …