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Democracy and Trade Policy in Developing Countries

Democracy and Trade Policy in Developing Countries

(p.1) One Democracy and Trade Policy in Developing Countries
Democracy and Trade Policy in Developing Countries
Bumba Mukherjee
University of Chicago Press

Policy pundits and scholars have long argued that the birth and spread of democracy across the developing world will foster trade reforms and economic globalization as well as strengthen democracy itself. The introductory chapter of this book starts by showing that the link between the emergence of democracy and trade liberalization is far more nuanced than previously thought. While many newly democratized states in the developing world embraced economic globalization and free trade, other new developing country democracies did not do so. Further, evidence discussed in this chapter reveals that trade liberalization helped to consolidate democratic institutions in some newly democratized developing countries but not other new democracies which witnessed rampant electoral malpractices. What accounts for this variation in the movement toward economic globalization and consolidation of democracy across newly democratized states? This chapter explains why answering the questions raised above are critical to fully understand the link between democracy and trade policy in developing countries. The chapter also summarizes the book’s main theoretical arguments, the key empirical results, and provides a roadmap for the remainder of the book.

Keywords:   democratic transition, globalization, electoral fraud, democratic consolidation, research design

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