Template-type: ReDIF-Paper 1.0

Author-Name: Oriol Sabaté
Author-Workplace-Name: Department of Political Science, Lund University, Sweden
Author-Workplace-Email: oriol_sabate.domingo@svet.lu.se

Author-Name: Eduardo Sanz-Arcega
Author-Workplace-Name: Department of Economic Structure, Economic History and Public Economics, University of Zaragoza, Spain
Author-Workplace-Email: esanzarcega@unizar.es

Title: Preconditions for the Wealth of Nations over Time: A Note 

Abstract: Military might and political elites’ commercial mindset are two important preconditions that explain nations’ economic income differences. The combination of elites’ economic risk appetite and its bargain power at the national and international arenas sustained by its own military might lead to the array of economic outcomes achieved by nations over time. To the best of our knowledge, the proposed argument fits historical evidence but has not been properly developed by the previous literature.
Length: 14 pages 

Creation-Date: 2020-07

File-URL: https://icepp.gsu.edu/files/2020/07/paper2012.pdf
File-Format: application/pdf

Handle: RePEc:ays:ispwps:paper2012