democracy and capitalism--is to move to a governance structure based on impersonal rules that apply in the same way to everyone …. However, the introduction of elections and other early trappings of democracy often has the perverse effect of exacerbating …

The main focus of this paper is on the process and progress of economic reform in Russia. But I start with four … historical questions that bear on the current situation. How advanced was Russia in 1913? What relevance, if any, does the New … 1970s and 1980s? What role did Gorbachev's policies play in bringing about the final collapse of the Soviet Union? Russia …

's global share of GDP means that liberal Asian nations will be poised to take up the role of promoting liberal democracy …

Does democracy promote economic development? We review recent attempts to address this question, which exploit the … within-country variation associated with historical transitions in and out of democracy. The answer is positive, but depends … effect of democracy …

Over the last two centuries, many countries experienced regime transitions toward democracy. We document this … democratic transition over a long time horizon. We use historical time series of income, education and democracy levels from 1870 … to 2000 to explore the economic factors associated with rising levels of democracy. We find that primary schooling, and …

years. Democratic capital -- measured by a nation's historical experience with democracy and by the incidence of democracy … in its neighborhood -- reduces the exit rate from democracy and raises the exit rate from autocracy. In democracies, a …, promoting economic development jointly with the consolidation of democracy …

Despite a vast accumulation of private capital, China is not embracing capitalism. Deceptively familiar capitalist …