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This Element analyses the value of effective state institutions before introducing democracy. To do so, it draws on an extensive global sample of about 180 countries, measured across 1789-2019 and leverage panel regressions, preparametric matching, and sequence analysis to test a number of observable implications.

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One Road to Riches?, Haakon Gjerlow, Carl Henrik Knutsen, Tore Wig

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2022
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