Toward a more general approach to political stability in comparative political systems
Thomas Apolte
No 01/2012, CIW Discussion Papers from University of Münster, Center for Interdisciplinary Economics (CIW)
Abstract:
This paper provides a general framework for analyzing political (in)stability in comparative political systems. It distinguishes different subgroups of a society, some of which have a potential for pursuing a redistribution of wealth in its broadest sense via constitutional or non-constitutional government overturns. Political instability implies a cycle of overturns and redistributions with no stable equilibrium. It will be shown that individual incentives for participating in overturn attempts hinge not upon specific distributions of wealth but are rather dependent on the respective structure and credibility of promises and threats within and across the different subgroups of the society. What is more, without credible commitments of the incumbent governments to a carrot-and-stick policy there will be the danger of endless over-turn and redistribution cycles, leading to failed states. For much the same reason, democratic constitutions contain effective measures against redistribution cycles. Stability within non-democracies, by contrast, can be explained by the fact that commitments among potential re-bels cannot be backed by formal institutions, whereas incumbent governments can use their legal surrounding for developing institutions that, in turn, help them to embed potentially threatening societal groups into a system of carrot and stick.
Keywords: political economy; revolutions; credible commitments (search for similar items in EconPapers)
JEL-codes: D72 D74 O15 P16 (search for similar items in EconPapers)
Date: 2012
New Economics Papers: this item is included in nep-cdm and nep-pol
References: View references in EconPapers View complete reference list from CitEc
Citations:
Downloads: (external link)
https://www.econstor.eu/bitstream/10419/57922/1/715311824.pdf (application/pdf)
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:zbw:ciwdps:012012
Access Statistics for this paper
More papers in CIW Discussion Papers from University of Münster, Center for Interdisciplinary Economics (CIW) Contact information at EDIRC.
Bibliographic data for series maintained by ZBW - Leibniz Information Centre for Economics ().