Do political factors affect the degree of product market competition? To explore this hypothesis we first look at the international variability in PPP-adjusted retail prices. We find a greater variability of international prices in regulated sectors (where the political influence is greater) and lower prices in more democratic countries.
Top 25 Most Democratic Countries in the World - There are some countries around the world that are known to be democratic and this means that people in these countries live under full democracy to b... - .
The vast majority of psychological studies recruit test subjects who are Western, Educated, Industrialized, Rich and Democratic – or "WEIRD." Which is... well, weird, given that these people represent a very small segment of the global human population, from a cultural standpoint. Reasons why psychometric testing is just bullshit.