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Information, Democracy, and Autocracy - Economic Transparency and Political (In)Stability (Paperback)
Loot Price: R1,056
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Information, Democracy, and Autocracy - Economic Transparency and Political (In)Stability (Paperback)
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Advocates for economic development often call for greater
transparency. But what does transparency really mean? What are its
consequences? This breakthrough book demonstrates how information
impacts major political phenomena, including mass protest, the
survival of dictatorships, democratic stability, as well as
economic performance. The book introduces a new measure of a
specific facet of transparency: the dissemination of economic data.
Analysis shows that democracies make economic data more available
than do similarly developed autocracies. Transparency attracts
investment and makes democracies more resilient to breakdown. But
transparency has a dubious consequence under autocracy: political
instability. Mass-unrest becomes more likely, and transparency can
facilitate democratic transition - but most often a new despotic
regime displaces the old. Autocratic leaders may also turn these
threats to their advantage, using the risk of mass-unrest that
transparency portends to unify the ruling elite. Policy-makers must
recognize the trade-offs transparency entails.
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