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Persistent link: https://www.econbiz.de/10011936240
I argue that whether or not a state is predatory hinges on the relationship between development and the distribution of political power in society. Development is typically inconsistent with the preservation of the political status quo and this gives those who initially hold political power an...
Persistent link: https://www.econbiz.de/10009781676
My research suggests that world inequality is explained by the incidence of extractive and inclusive institutions. But why do some countries have extractive institutions? I distinguish between two main reasons; first, power relations; second, the "normative order." Normative orders provide...
Persistent link: https://www.econbiz.de/10015398123