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By Timothy Frye

Does democracy advertise the production of industry economies and strong nation associations? Do state-building and market-building move hand in hand? Or do they paintings at cross-purposes? This e-book examines the connection among state-building and market-building in 25 post-communist international locations from 1990 to 2004. in accordance with cross-national statistical analyses, surveys of commercial managers, and case experiences from Russia, Bulgaria, Poland, and Uzbekistan, Timothy Frye demonstrates that democracy is linked to extra fiscal reform, superior nation associations, and better social transfers whilst political polarization is low. yet he additionally reveals that raises in political polarization hose down the optimistic effect of democracy through making coverage much less predictable. He strains the roots of political polarization to excessive degrees of source of revenue inequality and the institutional legacy of communist rule. by way of selecting while and the way democracy fosters markets and states, this paintings contributes to long-standing debates in comparative politics, public coverage, and post-communist studies.

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