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Educational Institutions --- Education --- Social Sciences --- Hutchins, Robert Maynard, --- University of Chicago --- Center for the Study of Democratic Institutions --- Presidents --- History. --- Ho-chʻin-ssu, --- Hutchins, Robert, --- Hutchins, Robert M. --- Chicago. --- Chicago Üniversitesi --- Robert Maynard Hutchins Center for the Study of Democratic Institutions (U.S.) --- Fund for the Republic --- University of Chicago (1857-1886)

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This paper addresses the issue of the low level of private investment in the Middle East and North Africa (MENA) region, with special emphasis on the role of governance. Based on the existing literature, the authors categorize what types of governance institutions are more detrimental to entrepreneurial investments. They then estimate a simultaneous model of private investment and governance quality where economic policies concurrently explain both variables. The empirical results show that governance plays a significant role in private investment decisions. This result is particularly true in the case of "administrative quality" in the form of control of corruption, bureaucratic quality, investment-friendly profile of administration, and law and order, as well as for "political stability." Evidence in favor of "public accountability" seems, however, less robust. The estimations also stress that structural reforms-such as financial development and trade openness-and human development affect private investment decisions directly, and/or through their positive impact on governance. These findings bring new empirical evidence on the subject of private investment in the developing world and in MENA countries in particular.

Accountability --- Bureaucratic Quality --- Civil Liberties --- Corruption --- Debt Markets --- Democratic Institutions --- Economic Activity --- Economic Policies --- Economic Theory and Research --- Emerging Markets --- Finance and Financial Sector Development --- Financial Development --- Financial Literacy --- Governance --- Governance Indicators --- Governance Institutions --- Governance Quality --- Human Development --- Investment and Investment Climate --- Investment Climate --- Labor Policies --- Macroeconomics and Economic Growth --- National Governance --- Non Bank Financial Institutions --- Participation --- Political Economy --- Political Instability --- Political Rights --- Political Stability --- Private Sector Development --- Property Rights --- Rule of Law --- Security --- Social Protections and Labor

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This paper addresses the issue of the low level of private investment in the Middle East and North Africa (MENA) region, with special emphasis on the role of governance. Based on the existing literature, the authors categorize what types of governance institutions are more detrimental to entrepreneurial investments. They then estimate a simultaneous model of private investment and governance quality where economic policies concurrently explain both variables. The empirical results show that governance plays a significant role in private investment decisions. This result is particularly true in the case of "administrative quality" in the form of control of corruption, bureaucratic quality, investment-friendly profile of administration, and law and order, as well as for "political stability." Evidence in favor of "public accountability" seems, however, less robust. The estimations also stress that structural reforms-such as financial development and trade openness-and human development affect private investment decisions directly, and/or through their positive impact on governance. These findings bring new empirical evidence on the subject of private investment in the developing world and in MENA countries in particular.

Accountability --- Bureaucratic Quality --- Civil Liberties --- Corruption --- Debt Markets --- Democratic Institutions --- Economic Activity --- Economic Policies --- Economic Theory and Research --- Emerging Markets --- Finance and Financial Sector Development --- Financial Development --- Financial Literacy --- Governance --- Governance Indicators --- Governance Institutions --- Governance Quality --- Human Development --- Investment and Investment Climate --- Investment Climate --- Labor Policies --- Macroeconomics and Economic Growth --- National Governance --- Non Bank Financial Institutions --- Participation --- Political Economy --- Political Instability --- Political Rights --- Political Stability --- Private Sector Development --- Property Rights --- Rule of Law --- Security --- Social Protections and Labor

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Civic Rites explores the religious origins of Western democracy by examining the government of fifth-century BCE Athens in the larger context of ancient Greece and the eastern Mediterranean. Deftly combining history, politics, and religion to weave together stories of democracy's first leaders and critics, Nancy Evans gives readers a contemporary's perspective on Athenian society. She vividly depicts the physical environment and the ancestral rituals that nourished the people of the earliest democratic state, demonstrating how religious concerns were embedded in Athenian governmental processes. The book's lucid portrayals of the best-known Athenian festivals-honoring Athena, Demeter, and Dionysus-offer a balanced view of Athenian ritual and illustrate the range of such customs in fifth-century Athens.

Democracy --- Religion and politics --- History --- Religious aspects --- Athens (Greece) --- Greece --- Politics and government. --- Politics and government --- Religion. --- alcibiades. --- ancient greece. --- athena. --- athenian life. --- athens. --- civic life. --- classical greece. --- demeter. --- democracy. --- democratic institutions. --- dionysus. --- festivals and games. --- greek gods. --- greek scholars. --- incantation. --- institutional religion. --- polytheism. --- private spheres. --- profaning of eleusinian mysteries. --- public spheres. --- religion and politics. --- religious cults. --- religious practices. --- retrospective. --- rites and rituals. --- ritual sacrifice. --- trial of socrates. --- world religion.

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It's a commonplace that citizens in Western democracies are disaffected with their political leaders and traditional democratic institutions. But in Democratic Legitimacy, Pierre Rosanvallon, one of today's leading political thinkers, argues that this crisis of confidence is partly a crisis of understanding. He makes the case that the sources of democratic legitimacy have shifted and multiplied over the past thirty years and that we need to comprehend and make better use of these new sources of legitimacy in order to strengthen our political self-belief and commitment to democracy. Drawing on examples from France and the United States, Rosanvallon notes that there has been a major expansion of independent commissions, NGOs, regulatory authorities, and watchdogs in recent decades. At the same time, constitutional courts have become more willing and able to challenge legislatures. These institutional developments, which serve the democratic values of impartiality and reflexivity, have been accompanied by a new attentiveness to what Rosanvallon calls the value of proximity, as governing structures have sought to find new spaces for minorities, the particular, and the local. To improve our democracies, we need to use these new sources of legitimacy more effectively and we need to incorporate them into our accounts of democratic government. An original contribution to the vigorous international debate about democratic authority and legitimacy, this promises to be one of Rosanvallon's most important books.

Legitimacy of governments. --- Democracy. --- Governments, Legitimacy of --- Legitimacy (Constitutional law) --- Consensus (Social sciences) --- Revolutions --- Sovereignty --- State, The --- General will --- Political stability --- Regime change --- Self-government --- Political science --- Equality --- Representative government and representation --- Republics --- Democracy --- Legitimacy of governments --- Western democracy. --- administration. --- administrative-executive power. --- appropriation. --- bureaucracies. --- bureaucracy. --- care. --- citizens. --- civic life. --- constitution. --- constitutional courts. --- constitutional judges. --- constitutional oversight. --- constitutional review. --- constitutional thought. --- corporatism. --- countermajoritarian difficulty. --- democracy. --- democratic authority. --- democratic ideals. --- democratic impartiality. --- democratic institution. --- democratic institutions. --- democratic legitimacy. --- democratic systems. --- derivative legitimacy. --- direct relations. --- dual legitimacy. --- elections. --- electoral legitimation. --- electoral politics. --- executive functions. --- flexible relations. --- general interest. --- generality. --- government initiatives. --- government intervention. --- government. --- identification. --- identity politics. --- immediate democracy. --- impartiality. --- independent authorities. --- independent commissions. --- indirect democracy. --- informal relations. --- interactive democracy. --- judicial power. --- judicial powers. --- legitimacy. --- majority rule. --- modern individualistic states. --- multiplication. --- new democratic institutions. --- numerical unanimity. --- oversight function. --- participatory democracy. --- particularity. --- pluralization. --- political community. --- political investment. --- political leaders. --- political legitimacy. --- political obligation. --- political representatives. --- presence. --- proximity. --- rational administration. --- reflexive democracy. --- reflexivity. --- regulatory function. --- representation. --- social existence. --- social expectations. --- social gaze. --- substantive unanimity. --- unanimity. --- unelected judges. --- unpolitical democracy.