How to Subvert Democracy: Montesinos in Peru
AbstractWhich of the democratic checks and balances--opposition parties, the judiciary, a free press--is the most critical? 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 television-channel owners about 100 times what he paid judges and politicians. One single television channel's bribe was four 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 InfoPaper provided by Stanford University, Graduate School of Business in its series Research Papers with number 1851r.
Date of creation: Mar 2004
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Postal: Stanford University, Stanford, CA 94305-5015
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Other versions of this item:
- McMillan, John & Zoido, Paolo, 2004. "How to Subvert Democracy: Montesinos in Peru," CEPR Discussion Papers 4361, C.E.P.R. Discussion Papers.
- John McMillan & Pablo Zoido, 2004. "How to Subvert Democracy: Montesinos in Peru," CESifo Working Paper Series 1173, CESifo Group Munich.
- John McMillan & Pablo Zoido, 2004. "How to Subvert Democracy: Montesinos in Peru," Discussion Papers 03-030, Stanford Institute for Economic Policy Research.
- L82 - Industrial Organization - - Industry Studies: Services - - - Entertainment; Media
- P16 - Economic Systems - - Capitalist Systems - - - Political Economy of Capitalism
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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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