By Timothy Frye
Does democracy advertise the production of marketplace economies and strong kingdom associations? Do state-building and market-building move hand in hand? Or do they paintings at cross-purposes? This publication examines the connection among state-building and market-building in 25 post-communist nations from 1990 to 2004. in keeping with cross-national statistical analyses, surveys of industrial managers, and case reviews from Russia, Bulgaria, Poland, and Uzbekistan, Timothy Frye demonstrates that democracy is linked to extra monetary reform, better kingdom associations, and better social transfers while political polarization is low. yet he additionally unearths that raises in political polarization hose down the optimistic impression of democracy via 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 means of opting for whilst and the way democracy fosters markets and states, this paintings contributes to long-standing debates in comparative politics, public coverage, and post-communist experiences.