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Comparing the Spread of Capitalism and Democracy
Originally published in Economics Letters
The authors apply Leeson and Dean’s (2009) method for studying democratic dominoes to capitalist spillovers to compare the rates at which capitalism and democracy spread between countries. They find that capitalism and democracy spread at approximately the same modest rate.
The authors apply Leeson and Dean’s (2009) method for studying democratic dominoes to capitalist spillovers to compare the rates at which capitalism and democracy spread between countries. They find that capitalism and democracy spread at approximately the same modest rate.
Find the full article at Science Direct.
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