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Economic Shocks and Authoritarian Stability - Duration, Financial Control, and Institutions (Paperback)
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Economic Shocks and Authoritarian Stability - Duration, Financial Control, and Institutions (Paperback)
Series: Weiser Center for Emerging Democracies
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Over two billion people still live under authoritarian rule.
Moreover, authoritarian regimes around the world command enormous
financial and economic resources, rivaling those controlled by
advanced democracies. Yet authoritarian regimes as a whole are
facing their greatest challenges in the recent two decades due to
rebellions and economic stress. Extended periods of hardship have
the potential of introducing instability to regimes because members
of the existing ruling coalition suffer welfare losses that force
them to consider alternatives, while previously quiescent masses
may consider collective uprisings a worthwhile gamble in the face
of declining standards of living. Economic Shocks and Authoritarian
Stability homes in on the economic challenges facing authoritarian
regimes through a set of comparative case studies that include
Iran, Iraq under Saddam Hussein, Malaysia, Indonesia, Russia, the
Eastern bloc countries, China, and Taiwan-authored by the top
experts in these countries. Through these comparative case studies,
this volume provides readers with the analytical tools for
assessing whether the current round of economic shocks will lead to
political instability or even regime change among the world's
autocracies. This volume identifies the duration of economic
shocks, the regime's control over the financial system, and the
strength of the ruling party as key variables to explain whether
authoritarian regimes would maintain the status quo, adjust their
support coalitions, or fall from power after economic shocks.
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