liberalization and a potential moderating effect of the level of democracy. A simple political-economic model is developed in which …

the quality of institutions ex ante while its long-term impact comes from the quality of institutions ex post. Ex post … institutions are shaped by the direct impact of resource dependence on regime type. The goal of this paper is to identify the … investigate the relationship between resource wealth and institutions and their impact on per capita growth by deconstructing …

results indicate that increases in resource reliance are not associated with the undermining of democracy, or less complete … transitions from authoritarianism to democracy. If anything, in many specifications we generate results that suggest a resource …

of institutions, democratization leads to higher inequality and inequality entails worsening of the attitude to democracy …We suggest a dynamic game theoretic model to explain why resource abundance may lead to instability of democracy … Autocrat down. It is shown that the probability of democracy preservation is decreasing in the amount of resources if the …