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This paper analyzes why some governments protect property rights while others do not. Although institutional constraints may affect government incentives to protect property rights, the paper emphasizes that different political institutions have dissimilar effects. Coalition institutions that...
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Political scientists and economists increasingly agree that institutions may influence economic growth, but there is little general agreement on what institutions tend to produce what consequences. We apply public choice insights for a theoretical analysis that may be termed “Madisonian”:...
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Corruption is a major source of slow development in Africa – the poorest region of the world. While extant research has focused on the causes and consequences of corruption at the macro-level, less effort has been devoted to understanding the micro-foundation of corruption, as well as the...
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Electoral contests in Latin America are often characterized by attempts by political parties to sway the outcome of elections using vote buying – a practice that seems to persist during elections throughout the region. Much of the literature on this subject focuses on how party machines use...
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