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Dictatorship, Democracy and Development

Author

Listed:
  • Olson, Mancur

    (University of Maryland)

Abstract

Under anarchy, uncoordinated competitive theft by «roving bandits» destroys the incentive to invest in produce, leaving little either the population or the bandits. Both can better off if a bandit sets himself up as a dictator — «a stationary bandit» who monopolizes and rationalizes theft in the form of taxes.

Suggested Citation

  • Olson, Mancur, 2010. "Dictatorship, Democracy and Development," Ekonomicheskaya Politika / Economic Policy, Russian Presidential Academy of National Economy and Public Administration, vol. 1, pages 167-183.
    • Handle: RePEc:rnp:ecopol:1019
    as

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    File URL: https://repec.ranepa.ru/rnp/ecopol/1019.pdf
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    Cited by:

    1. Focacci, Chiara Natalie & Kovac, Mitja & Spruk, Rok, 2023. "Ethnolinguistic diversity, quality of local public institutions, and firm-level innovation," International Review of Law and Economics, Elsevier, vol. 75(C).
    2. Heise, Arne, 2011. "Vom "Nationalen Keynesianischen Wohlfahrtsstaat" zum "Globalen Nozickschen Minimalstaat" - oder: Die Transformation der Gesellschaft in der Demokratie und einige offene Fragen," ZÖSS-Discussion Papers 27, University of Hamburg, Centre for Economic and Sociological Studies (CESS/ZÖSS).

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