When Can the Rabble Redistribute? Democratization and Income Distribution in Low- and Middle-income Countries

Philip Nel

Chapter 10 in Institutions and Market Economies, 2007, pp 222-249 from Palgrave Macmillan

Abstract: Abstract The last decades of the twentieth century experienced an extensive introduction and/or deepening of electoral democracy in low- and middle-income countries (LMICs); a series of events that Diamond calls ‘a democratic breakthrough without precedent in world history’ (Diamond, 1999: 24).1 However, contrary to the optimistic expectation of many analysts and decision-makers in Western democracies that all good things go together, the available evidence suggests that episodes of positive regime change in LMICs as a rule have seldom been followed by a reduction of wealth and income inequality in those countries. The purpose of this chapter is to propose an explanation for this anomaly.

Keywords: Income Inequality; Income Distribution; Median Voter; Unskilled Labour; Capital Control (search for similar items in EconPapers)
Date: 2007
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DOI: 10.1057/9780230389946_10

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