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This paper shows how a world price shock can increase the likelihood that democratization must be used to resolve the … price shock can push the country into a situation where the elite face a commitment problem that only democratization can … of national income per capita and democracy may not be positively correlated. The model is also useful for understanding …
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This paper discusses the recent literature on the role of the state in economic development. It concludes that government incentives to enact sound policies are key to economic success. It also discusses the evidence on what happens after episodes of economic and political liberalizations,...
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Barrington Moore's famous line 'no bourgeoisie, no democracy' is one of the most quoted claims in political science …
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