From “Democracy” to Dictatorship

Democracy or Dictatorship: The Effect of Political Regime Type on Economic Institutions

The purpose of this study is to investigate the effect of political regime types, including democracy and dictatorship, on the quality of economic institutions as the main variables in the formation of the economic growth process. The political power is distributed among a wide range of interest groups in mature democracies, while it is concentrated in the hands of the elected executive in init...

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In recent years, some intellectuals have stated that democracy is not suitable for developing countries as it decreases their economic growth. They hold that dictatorship states can better plan for the benefit of their nations because they are free from the pressure of voters. This article explains two reasons to reject the mentioned claim. First, the definition of development has undergone cha...

Democracy and Dictatorship Do Not Float Freely: Structural Sources of Political Regimes in Southeast Asia

Women's labor force participation in Spain: An analysis from dictatorship to democracy

In Spain, women’s labor force participation has drastically shifted in the decades since Francisco Franco’s dictatorship collapsed. Changes in government policy and evolving social attitudes have affected the treatment of women and their access to economic opportunities. Using The World Bank and OECD labor force statistics for Spain, this study compares Spain’s historical data with that of Fran...

Mises’ democracy–dictatorship equivalence theorem: A critique

Ludwig von Mises argues that public opinion, not the form of government, is the ultimate determinant of policy. The implication is that, holding public opinion constant, democracies and dictatorships will have the same policies—a result I call Mises’ Democracy–Dictatorship Equivalence Theorem. According to Mises, dictators have to comply with public opinion or else they will be overthrown. I ar...

Public good provision under dictatorship and democracy

The allocation of a government budget between a public good and transfers is modeled under different systems of government. The relatively even distribution of political power among groups in a democracy favors spending on nonexclusive public goods. The more concentrated pattern of political power in a dictatorship favors spending on transfers targeted to powerful groups. The hypothesis on publ...