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This paper presents a formal model that characterizes the political mechanisms of demographic change, establishing a critical link in economic development. We demonstrate that fertility decisions are determined by three fundamental political variables: political stability, political capacity and...
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This paper presents a formal model that characterizes the political mechanisms of demographic change, establishing a critical link in economic development. We demonstrate that fertility decisions are determined by three fundamental political variables: political stability, political capacity and...
Persistent link: https://www.econbiz.de/10010334629
This paper presents a formal model that characterizes the political mechanisms of demographic change, establishing a critical link in economic development. We demonstrate that fertility decisions are determined by three fundamental political variables: political stability, political capacity and...
Persistent link: https://www.econbiz.de/10005305030
This paper presents a formal model that characterizes the two faces of development - persistent poverty, as well as industrialization and rising incomes - and establishes that the interaction between politics and economics determines which path a nation travels. We demonstrate that political...
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