Cervellati, Matteo; Fortunato, Piergiuseppe; Sunde, Uwe - C.E.P.R. Discussion Papers - 2011
emerging democracies, and in particular, the protection of civil (political and economic) liberties. A simple theory in which … scenario. A peaceful democratization leads to democracies with a high degree of civil liberties, reflecting a social contract … transition to democracy under a violent conflict is less likely to lead to a system with a high degree of civil liberties …