Liberal democracy as the result of an aborted communist revolutionReport as inadecuate




Liberal democracy as the result of an aborted communist revolution - Download this document for free, or read online. Document in PDF available to download.

Editor: Universidad Carlos III de Madrid. Departamento de Economía

Issued date: 2006-12

ISSN: 2340-5031

Serie-No.: UC3M Working papers. Economics;07-12

Rights: Atribución-NoComercial-SinDerivadas 3.0 España

Abstract:We propose a model of the transition from a -big man- authoritarian regime to either aliberal democracy or a communist regime. An underground organization votes onwhether to summon a mass event. If it is summoned, the organization members decidewhether tWe propose a model of the transition from a -big man- authoritarian regime to either aliberal democracy or a communist regime. An underground organization votes onwhether to summon a mass event. If it is summoned, the organization members decidewhether to put effort into the event. Higher effort makes regime change more likely, butit is individually risky. This creates the possibility, in principle, of high and low effortequilibria. But we show, using weak dominance arguments, that only the high effortequilibrium is -credible.- Thus, internal party democracy is shown to be an efficiencyenhancing element for political transitions. We extend the model to show that otherinternal organization aspects are key for the existence and welfare properties of thisequilibrium. Finally we also show when is the process likely to end up in eitherdemocracy (and its -quality-) or a full communist regime.+-





Author: Cabrales, Antonio; Calvó-Armengol, Antoni; Wantchekon, Léonard

Source: http://e-archivo.uc3m.es


Teaser



Universidad Carlos III de Madrid Repositorio institucional e-Archivo http:--e-archivo.uc3m.es Departamento de Economía DE - Working Papers.
Economics.
WE 2006-12 Liberal democracy as the result of an -aborted- communist revolution Cabrales, Antonio http:--hdl.handle.net-10016-675 Descargado de e-Archivo, repositorio institucional de la Universidad Carlos III de Madrid Working Paper 07-22 Economic Series 12 December 2006 Departamento de Economía Universidad Carlos III de Madrid Calle Madrid, 126 28903 Getafe (Spain) Fax (34-91) 6249875 LIBERAL DEMOCRACY AS THE RESULT OF AN “ABORTED” COMMUNIST REVOLUTION∗ Antonio Cabrales†, Antoni Calvó-Armengol‡ and Léonard Wantchekon § Abstract We propose a model of the transition from a ”big man” authoritarian regime to either a liberal democracy or a communist regime.
An underground organization votes on whether to summon a mass event.
If it is summoned, the organization members decide whether to put effort into the event.
Higher effort makes regime change more likely, but it is individually risky.
This creates the possibility, in principle, of high and low effort equilibria.
But we show, using weak dominance arguments, that only the high effort equilibrium is ”credible.” Thus, internal party democracy is shown to be an efficiency enhancing element for political transitions.
We extend the model to show that other internal organization aspects are key for the existence and welfare properties of this equilibrium.
Finally we also show when is the process likely to end up in either democracy (and its ”quality”) or a full communist regime. ∗ We would like to thank Ernesto Dal Bo and seminar participants at University of California at Berkeley and New York University.
Moussa Blimpo and especially Sarah Weltman provided excellent research assistance. † Departamento de Economía, Universidad Carlos III de Madrid, Madrid 126, 28903 Getafe, Spain. Email: antonio.cabrales@uc3m.es ‡ ICREA, Univers...





Related documents