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Nations have historically sought power and prosperity through control of physical space. In recent decades, however, territorial empire has largely ceased. Most states that can take and hold territory no longer appear eager to do so, while the weak are unable to expand. Have powerful countries...
Persistent link: https://www.econbiz.de/10014197829
The present paper explicitly models the principal-agent relationship between a democratic population and its elected representative within a standard war bargaining setup. I find that the specific structure of this relationship and the problems resulting from it help overcome information...
Persistent link: https://www.econbiz.de/10014149558
In this paper we extend the well known "agreeing-to-disagree" and "no-trade" results from economics and game theory to international relations. We show that two rational countries should never agree to go to war when war is inefficient and when rationality is common knowledge. We argue that this...
Persistent link: https://www.econbiz.de/10014121105
democracy. According to the results of the model populist redistribution (or military repression), if any, increases with … initial wealth inequality and with the amount of redistribution that the poor can undertake under democracy, and decreases …
Persistent link: https://www.econbiz.de/10014063108
Public sector unions operate in politically challenging environments. Recent limitations on collective bargaining rights in Wisconsin and attempts to curtail collective bargaining in Ohio are illustrative of union vulnerability to shifts in the political climate. In Wisconsin, only months after...
Persistent link: https://www.econbiz.de/10014038515
Using a data set of democratic movements and democratic transitions that took place between 1960 and 1990, I investigate the implications for economic growth of these events. There are two comparisons of interest: Successful democratic movements to movements that are repressed; and successful...
Persistent link: https://www.econbiz.de/10014107399
actually increases terrorism. Ceteris paribus, the impact of being a democracy or participating in the WTO for a source country …
Persistent link: https://www.econbiz.de/10014027063
Citizens political participation to protests is a crucial issue for any political system, whether democratic or autocratic. Political systems have different ways of dealing with citizens' protests, determining cost and benefit of public dissent, responding to public requests and allowing...
Persistent link: https://www.econbiz.de/10013383242
How do political crises affect the interaction between economic and political outcomes? In this paper, we study one of the consequences of political turmoil by empirically examining whether the Arab Spring influenced the relationship between corruption and income inequality. Using panel data...
Persistent link: https://www.econbiz.de/10014344326
. Perfect democracy, where current members of the government do not have an incumbency advantage or special powers, always leads … to the emergencies of the most competent government. However, any deviation from perfect democracy destroys this result … least competent government can persist forever in office. Moreover, a greater degree of democracy may lead to worse …
Persistent link: https://www.econbiz.de/10014205726