How to Subvert Democracy: Montesinos in Peru
AbstractWhich of the democratic checks and balances--opposition parties, the judiciary, a free press--is the most forceful? Peru has the full set of democratic institutions. In the 1990s, the secret-police chief Montesinos systematically undermined them all with bribes. We quantify the checks using the bribe prices. Montesinos paid a televisionchannel owner about 100 times what he paid a judge or a politician. One single television channel's bribe was five times larger than the total of the opposition politicians' bribes. By revealed preference, the strongest check on the government's power was the news media.
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Bibliographic InfoArticle provided by American Economic Association in its journal Journal of Economic Perspectives.
Volume (Year): 18 (2004)
Issue (Month): 4 (Fall)
Other versions of this item:
- John McMillan & Pablo Zoido, 2004. "How to Subvert Democracy: Montesinos in Peru," Discussion Papers 03-030, Stanford Institute for Economic Policy Research.
- McMillan, John & Zoido, Paolo, 2004. "How to Subvert Democracy: Montesinos in Peru," CEPR Discussion Papers 4361, C.E.P.R. Discussion Papers.
- McMillan, John & Zoido, Pablo, 2004. "How to Subvert Democracy: Montesinos in Peru," Research Papers 1851r, Stanford University, Graduate School of Business.
- John McMillan & Pablo Zoido, 2004. "How to Subvert Democracy: Montesinos in Peru," CESifo Working Paper Series 1173, CESifo Group Munich.
- P16 - Economic Systems - - Capitalist Systems - - - Political Economy of Capitalism
- K10 - Law and Economics - - Basic Areas of Law - - - General (Constitutional Law)
- L82 - Industrial Organization - - Industry Studies: Services - - - Entertainment; Media
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Blog mentionsAs found by EconAcademics.org, the blog aggregator for Economics research:
- Libertad de Prensa y Democracia - Por Sebastian Galiani
by Luciano Cohan (Elemaco) in Economista Serial Crónico on 2010-08-23 10:00:00
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