Inequality, Development, and the Stability of Democracy—Lipset and Three Critical Junctures in German History

Jung, Florian & Sunde, Uwe.

This paper revisits the seminal correlation first noted by SM Lipset in 1959: Almost without exception, stable democracies are economically well-developed. Why? The authors argue that democracy will stick only in fairly balanced economic environments. Distribution appears to matter for the longevity of democracy.

Πηγή: CEPR

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