Financial Integration in Autocracies: Greasing the Wheel or More to Steal?

This paper analyzes the influence of financial integration on institutional quality. We construct a dynamic political-economic model of an autocracy in which a ruling elite uses its political power to expropriate the general population. Although financial integration reduces capital costs for entrep...

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Bibliographic Details
Published in:MAGKS - Joint Discussion Paper Series in Economics (Band 14-2010)
Main Authors: Dadasov, Ramin, Harms, Philipp, Lorz, Oliver
Format: Work
Language:English
Published: Philipps-Universität Marburg 2010
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Online Access:PDF Full Text
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MAGKS - Joint Discussion Paper Series in Economics