Building States and Markets After Communism: The Perils of Polarized Democracy (repost)
Building States and Markets After Communism: The Perils of Polarized Democracy By Timothy Frye
Publisher: C U P 2010 | 312 Pages | ISBN: 0521767733 , 0521734622 | PDF | 2 MB
Publisher: C U P 2010 | 312 Pages | ISBN: 0521767733 , 0521734622 | PDF | 2 MB
Does democracy promote the creation of market economies and robust state institutions? Do state-building and market-building go hand in hand? Or do they work at cross-purposes? This book examines the relationship between state-building and market-building in 25 post-communist countries from 1990 to 2004. Based on cross-national statistical analyses, surveys of business managers, and case studies from Russia, Bulgaria, Poland, and Uzbekistan, Timothy Frye demonstrates that democracy is associated with more economic reform, stronger state institutions, and higher social transfers when political polarization is low. But he also finds that increases in political polarization dampen the positive impact of democracy by making policy less predictable.