Introduction -- The problem and puzzle -- The democratic dilemma -- Empirically assessing the democratic dilemma -- Why democratic citizens resist -- Why firms resist -- The repercussions: who suffers? -- Democratic country example: India -- Conservative authoritarian country example: China --...

Globalization is triggering a 'revenue shock' in developing economies. International trade taxes - once the primary source of government revenue - have been cut drastically in response to trade liberalization. Bastiaens and Rudra make the novel argument that regime type is a major determinant of...