This book examines state-building and market-building in 25 post-communist countries from 1990 to 2004. Timothy Frye argues that democracy promotes economic reform, capable state institutions, and generous transfer payments when political polarization is low, but that increases in polarization dampen the positive impact of democracy by making policy less stable.
This book examines how democracy influences state-building and market-building in 25 post-communist countries from 1990 to 2004.
