The inevitability and stability of liberal democracy is taken for granted in contemporary political discourse, although many of the architects of modern politics viewed democracies as fragile and prone to corruption and disintegration. A close look at the historical record reveals that a number...

An analysis of the failure of neoliberal market reforms in producing sustained growth in emerging markets. Focuses on problems with weak accountability institutions, and collusion between government and business, political patronage, and corruption - Provided by publisher