Why political competition reduces the political rents earned

Reference no: EM133699615

Do not use any AI like chatgpt etc to answer this.

(a) Is it feasible for a dictator to collect a 100% tax rate on all production within their country? If such a policy is impractical, could you elaborate on the reasons?

(b) Explain why political competition reduces the political rents earned by elites, based on the analysis of political institutions.

(c) Is it possible for a dictator to use the promise of adopting less exploitative policies in the future as a strategy to prevent demands for democratization? Assess the credibility of such promises. If they are not credible, please explain why.

Reference no: EM133699615

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