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Defusing Democracy

Defusing Democracy PDF Author: Delia Margaret Boylan
Publisher: University of Michigan Press
ISBN: 0472026836
Category : Political Science
Languages : en
Pages : 312

Book Description
Many of today's new democracies are constrained by institutional forms designed by previous authoritarian rulers. In this timely and provocative study, Delia M. Boylan traces the emergence of these vestigial governance structures to strategic behavior by outgoing elites seeking to protect their interests from the vicissitudes of democratic rule. One important outgrowth of this political insulation strategy--and the empirical centerpiece of Boylan's analysis--is the existence of new, highly independent central banks in countries throughout the developing world. This represents a striking transformation, for not only does central bank autonomy remove a key aspect of economic decision making from democratic control; in practice it has also kept many of the would-be expansionist governments that hold power today from overturning the neoliberal policies favored by authoritarian predecessors. To illustrate these points, Defusing Democracy takes a fresh look at two transitional polities in Latin America--Chile and Mexico--where variation in the proximity of the democratic "threat" correspondingly yielded different levels of central bank autonomy. Boylan concludes by extending her analysis to institutional contexts beyond Latin America and to insulation strategies other than central bank autonomy. Defusing Democracy will be of interest to anyone--political scientists, economists, and policymakers alike--concerned about the genesis and consolidation of democracy around the globe. Delia M. Boylan is Assistant Professor, Harris Graduate School of Public Policy Studies, University of Chicago.

Defusing Democracy

Defusing Democracy PDF Author: Delia Margaret Boylan
Publisher: University of Michigan Press
ISBN: 0472026836
Category : Political Science
Languages : en
Pages : 312

Book Description
Many of today's new democracies are constrained by institutional forms designed by previous authoritarian rulers. In this timely and provocative study, Delia M. Boylan traces the emergence of these vestigial governance structures to strategic behavior by outgoing elites seeking to protect their interests from the vicissitudes of democratic rule. One important outgrowth of this political insulation strategy--and the empirical centerpiece of Boylan's analysis--is the existence of new, highly independent central banks in countries throughout the developing world. This represents a striking transformation, for not only does central bank autonomy remove a key aspect of economic decision making from democratic control; in practice it has also kept many of the would-be expansionist governments that hold power today from overturning the neoliberal policies favored by authoritarian predecessors. To illustrate these points, Defusing Democracy takes a fresh look at two transitional polities in Latin America--Chile and Mexico--where variation in the proximity of the democratic "threat" correspondingly yielded different levels of central bank autonomy. Boylan concludes by extending her analysis to institutional contexts beyond Latin America and to insulation strategies other than central bank autonomy. Defusing Democracy will be of interest to anyone--political scientists, economists, and policymakers alike--concerned about the genesis and consolidation of democracy around the globe. Delia M. Boylan is Assistant Professor, Harris Graduate School of Public Policy Studies, University of Chicago.

The Ascendancy of Finance

The Ascendancy of Finance PDF Author: Joseph Vogl
Publisher: John Wiley & Sons
ISBN: 150950933X
Category : Political Science
Languages : en
Pages : 200

Book Description
The global financial crisis of 2008 ushered in a system of informal decision-making in the grey zone between economics and politics. Legitimized by a rhetoric of emergency, ad hoc bodies have usurped democratically elected governments. In line with the neoliberal credo, the recent crisis has been used to realize the politically impossible and to re-align executive power with the interests of the finance industry. In this important book, Joseph Vogl offers a much longer perspective on these developments, showing how the dynamics of modern finance capitalism have always rested on a complex and constantly evolving relationship between private creditors and the state. Combining historical and theoretical analysis, Vogl argues that over the last three centuries, finance has become a "fourth estate," marked by the systematic interconnection of treasury and finance, of political and private economic interests. Against this historical background, Vogl explores the latest phase in the financialization of government, namely the dramatic transfer of power from states to markets in the latter half of the 20th century. From the liberalization of credit and capital markets to the privatization of social security, he shows how policy has actively enabled a restructuring of the economy around the financial sector. Political systems are "imprisoned" by the regime of finance, while the corporate model suffuses society, enclosing populations in the production of financial capital. The Ascendancy of Finance provides valuable and unsettling insight into the genesis of modern power and where it truly resides.

Defusing Democracy: Central Bank Autonomy and the Transition from Authoritarian Rule

Defusing Democracy: Central Bank Autonomy and the Transition from Authoritarian Rule PDF Author: Delia Margaret Boylan
Publisher:
ISBN:
Category :
Languages : en
Pages : 412

Book Description


Democratic Politics and Economic Reform in India

Democratic Politics and Economic Reform in India PDF Author: Rob Jenkins
Publisher: Cambridge University Press
ISBN: 9780521659871
Category : Business & Economics
Languages : en
Pages : 264

Book Description
This book takes issue with existing theories of the relationship between democracy and economic liberalisation.

A Fledgling Democracy

A Fledgling Democracy PDF Author: Mohamed Zayani
Publisher: Oxford University Press
ISBN: 0197693563
Category : Political Science
Languages : en
Pages : 335

Book Description
In the tumultuous aftermath of the Arab uprisings, Tunisia charted a unique path that has earned it praise as "a beacon of hope" in a troubled region. Since the 2011 revolution, it has embraced a new culture of democracy, based on pluralism, civilian rule and the peaceful transfer of power. Equally noteworthy are the country's burgeoning civil society, its various institutional reforms and its progressive new constitution, which upholds individual freedoms and champions women's rights. But in spite of these achievements, daunting challenges remain. Although Tunisia has succeeded in defusing many crises, its transition has been uneasy; its democracy is fragile and its future continues to be uncertain. As the country emerges from decades of authoritarian rule, it faces enormous political, social, economic and security challenges, which are undermining its peaceful evolution. It is this state of fragility that A Fledgling Democracy seeks to capture. Focusing on the socio-political dynamics that have unfolded in this North African nation since the revolution, the contributors to this volume shed light on how Tunisia has navigated its first decade of democratic transition, and reflect on what the ongoing changes and challenges mean for the country today.

Conservative Parties, the Right, and Democracy in Latin America

Conservative Parties, the Right, and Democracy in Latin America PDF Author: Kevin J. Middlebrook
Publisher: JHU Press
ISBN: 0801876532
Category : Political Science
Languages : en
Pages : 410

Book Description
Under what conditions do political institutions develop that are capable of promoting economic and social elites' accommodation to democracy? The importance of this question for research on regime change and democracy in Latin America lies in two established political facts: alliances between upper-class groups and the armed forces have historically been a major cause of military intervention in the region, and countries with electorally viable national conservative parties have experienced significantly longer periods of democratic governance since the 1920s and 1930s than have countries with weak conservative parties. The contributors to this book examine the relationship between the Right and democracy in Argentina, Brazil, Chile, Colombia, El Salvador, Peru, and Venezuela during the 1980s and 1990s. The authors focus particularly on the challenges that democratization may pose to upper-class groups; the political role of conservative parties and their electoral performance during these two crucial decades; and the relationships among conservative party strength or weakness, different modes of elite interest representation, and economic and social elites' support for political democracy. The volume includes a statistical appendix with data on conservative parties' electoral performance in national elections during the 1980s and 1990s in these seven countries. Contributors: Atilio A. Borón, Universidad de Buenos Aires • Catherine M. Conaghan, Queen's University • Michael Coppedge, University of Notre Dame • John C. Dugas, Kalamazoo College • Manuel Antonio Garretón, Universidad de Chile • Scott Mainwaring, University of Notre Dame • Rachel Meneguello, Universidade de Campinas • Kevin J. Middlebrook, University of California, San Diego • Timothy J. Power, Florida International University • Elisabeth J. Wood, New York University.

The Political Foundations of Judicial Independence in Dictatorship and Democracy

The Political Foundations of Judicial Independence in Dictatorship and Democracy PDF Author: Brad Epperly
Publisher: Oxford University Press
ISBN: 0192583654
Category : Political Science
Languages : en
Pages : 224

Book Description
This book argues that explaining judicial independence-considered the fundamental question of comparative law and politics-requires a perspective that spans the democracy/autocracy divide. Rather than seeking separate explanations in each regime context, in The Political Foundations of Judicial Independence in Dictatorship and Democracy, Brad Epperly argues that political competition is a salient factor in determining levels of de facto judicial independence across regime type, and in autocracies a factor of far greater import. This is because a full "insurance" account of independence requires looking not only at the likelihood those in power might lose elections but also the variable risks associated with such an outcome, risks that are far higher for autocrats. First demonstrating that courts can and do provide insurance to former leaders, he then shows via exhaustive cross-national analyses that competition's effects are far higher in autocratic regimes, providing the first evidence for the causal nature of the relationship. Epperly argues that these findings differ from existing case study research because in democratic regimes, a lack of political competition means incumbents target the de jure independence of courts. This argument is illustrated via in-depth case study of the Hungarian Constitutional Court after the country's 2010 "constitutional coup," and then tested globally. Blending formal theory, observational and instrumental variables models, and elite interviews of leading Hungarian legal scholars and judges, Epperly offers a new framework for understanding judicial independence that integrates explanations of both de jure and de facto independence in both democratic and autocratic regimes.

Globalisation, Poverty and Conflict

Globalisation, Poverty and Conflict PDF Author: Max Spoor
Publisher: Springer Science & Business Media
ISBN: 140202858X
Category : Business & Economics
Languages : en
Pages : 349

Book Description
This state-of-the-art critical ‘development’ reader examines the inter-relationships between globalisation, poverty and conflict. It complements current debates in the field of development studies and, in an era in which development fatigue seems to have become more profound than ever before, it brings the importance of development once again to the forefront. The contributions represent current thinking on (and practice of) development policy, poverty reduction, the need for multi-level democratic institutions, and the containing and prevention of conflicts.

Presidents, Populism, and the Crisis of Democracy

Presidents, Populism, and the Crisis of Democracy PDF Author: William G. Howell
Publisher: University of Chicago Press
ISBN: 022672882X
Category : Political Science
Languages : en
Pages : 276

Book Description
To counter the threat America faces, two political scientists offer “clear constitutional solutions that break sharply with the conventional wisdom” (Steven Levitsky, New York Times–bestselling coauthor of How Democracies Die). Has American democracy’s long, ambitious run come to an end? Possibly yes. As William G. Howell and Terry M. Moe argue in this trenchant new analysis of modern politics, the United States faces a historic crisis that threatens our system of self-government—and if democracy is to be saved, the causes of the crisis must be understood and defused. The most visible cause is Donald Trump, who has used his presidency to attack the nation’s institutions and violate its democratic norms. Yet Trump is but a symptom of causes that run much deeper: social forces like globalization, automation, and immigration that for decades have generated economic harms and cultural anxieties that our government has been wholly ineffective at addressing. Millions of Americans have grown angry and disaffected, and populist appeals have found a receptive audience. These were the drivers of Trump’s dangerous presidency, and they’re still there for other populists to weaponize. What can be done? The disruptive forces of modernity cannot be stopped. The solution lies, instead, in having a government that can deal with them—which calls for aggressive new policies, but also for institutional reforms that enhance its capacity for effective action. The path to progress is filled with political obstacles, including an increasingly populist, anti-government Republican Party. It is hard to be optimistic. But if the challenge is to be met, we need reforms of the presidency itself—reforms that harness the promise of presidential power for effective government, but firmly protect against that power being put to anti-democratic ends.

The Dark Side of Democracy

The Dark Side of Democracy PDF Author: Michael Mann
Publisher: Cambridge University Press
ISBN: 9780521538541
Category : History
Languages : en
Pages : 596

Book Description
Publisher Description