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Tag: Democracy

The role of collective action for the emergence and consolidation of democracy

Posted on July 17, 2020January 25, 2021 by Nikhilesh Sinha

Summary of JOIE article (First View, 16 June 2020) by Paolo Li Donni, University of Palermo and Maria Marino, University of Florence. The complete article is available on the JOIE website The literature  Several scholars have claimed that democracy is a powerful predictor of countries’ prosperity (e.g., Alfonso-Gil et al., 2014; Acemoglu et al., 2019)….

Reassessing the Dependence of Capitalism on Democracy – the Case of Imperial Germany and the Weimar Republic

Posted on March 29, 2020January 25, 2021 by Nikhilesh Sinha

Summary of JOIE article (First View, 20 January 2020) by Gerhard Wegner, Lehrstuhl für Institutionenökonomie und WirtschaftspolitikStaatswissenschaftliche Fakultät, Universität Erfurt. The full article is available on the JOIE website. Recent approaches in institutional economics emphasize the dependence of capitalism on democracy. Acemoglu/Robinson (2012) argue that only inclusive political institutions will establish inclusive economic institutions which…

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