"Beginning with the 2008 global crisis in the United States, and particularly after the COVID-19 pandemic shook economies around the world, academics, practitioners, and other experts have become increasingly sensitised to the potential for financial and economic fragility to result in a...

This paper was prepared for the United Nations Research Institute on Social Development. It provides evidence on the relationship between economic inequality and political regime. Where much of the literature argues that democracy is egalitarian, we find that indeed it is not, and we suggest...