We study the joint dynamics of economic and political change. Predictions of the simple model that we formulate in the paper get considerable support in a panel of data on political regimes and GDP per capita for about 150 countries over 150 years. Democratic capital - measured by a nation's...

The economic reforms in Tanzania and Vietnam represent the two typical cases of transition economies in Asia and Africa, particularrly the transformation of the two developing economies from the planned to the market mechanism. In this paper, the two authors, Brian - a British economist and Dinh...

John Maynard Keynes became world famous with the publication of The Economic Consequences of the Peace in 1919, a harsh critique of the Versailles peace treaty. As a consequence, Keynes was nominated by German professors in economics for the Nobel Peace Prize three years in a row, 1922, 1923 and...

‘State capacity' is a term associated with a popular argument in fiscal sociology, history, and political economy regarding the role of the state in the process of economic development. Much of the applied and theoretical work on state capacity already shows some influence from public choice...

Studying Native American reservations, and their historical formation, I find that their forced integration of autonomous polities into a system of shared governance had large negative long-run consequences, even though the affected people were ethnically and linguistically homogenous....

The present study is, in particular, an attempt to test the relationship between tax level and political stability by using some economic control variables and to see the relationship among government effectiveness, corruption, and GDP. For the purpose, we used the Vector Autoregression (VAR)...

This paper describes the growth of public spending in industrial countries over the past century. It identifies several periods: the periods between 1870 and 1913; the period between the two World Wars; the post World War II period up to 1960; and the period after 1960. Public spending started growing...

Russian Abstract: Данный текст является введением в книгу "Стратегия долгосрочного процветания: в поисках растаявшего ориентира". "Стратегия… " является продолжением и...

Luigi Bodio (1840-1920) was an Italian economist and statistician, considered one of the founders of the Italian Statistics. He was one of the 21 founding members of the International Statistical Institute (ISI) in 1885, ISI Director-General during the first 20 years (1885-1905) and ISI...

Russian Abstract: "Стратегия…" является продолжением и дополнением работы "Институциональные ограничения современного экономического роста", впервые вышедшей в 2011...