1. The Economics of Young Democracies: Policies and Performance
- Author:
- Nathan Converse and Ethan Kapstein
- Publication Date:
- 03-2006
- Content Type:
- Working Paper
- Institution:
- Center for Global Development (CGD)
- Abstract:
- Since the “third wave” of democratization began in 1974, nearly 100 states have adopted democratic forms of government, including, of course, most of the former Soviet bloc nations. Policy-makers in the west have expressed the hope that this democratic wave will extend even further, to the Middle East and onward to China. But the durability of this new democratic age remains an open question. By some accounts, at least half of the world's young democracies—often referred to in the academic literature as being “unconsolidated” or “fragile”—are still struggling to develop their political institutions, and several have reverted back to authoritarian rule. Among the countries in the early stages of democratic institution building are states vital to U.S. national security interests, including Afghanistan and Iraq.
- Topic:
- Democratization, Development, Economics, and Government
- Political Geography:
- Afghanistan, China, and Iraq