Economic interdependence and post-coup democratization

Information and Economic Interdependence

Contingent Democratization: When Do Economic Crises Matter?

This article argues that the effect of economic crises on democratic transition is contingent on economic structure. Specifically, a high level of state engagement in the economy makes social forces dependent on the ruling elites for patrimonial interests and, therefore, the authoritarian regime liable for economic failure. Moreover, when authoritarian elites own a high share of economic assets...

Innovation , Technological Interdependence , and Economic Growth ̊ Douglas

There is substantial heterogeneity across industries in the level of interdependence between new and old technologies. I propose a measure of this interdependence–an index of sequentiality in innovation–which is the transfer rate of patents in a particular industry. I find that highly sequential industries have higher profitability, higher variance of firm growth, lower exit rates, and lower ra...

Post-Soviet Transitions and Democratization: Towards Theory-Building

Conventional models of ‘transitions to democracy’ are incomplete and insufficient for the analysis of the regime changes in Russia and other post-Soviet societies, which go beyond the usual textbook cases. This article reconsiders conceptual frameworks for the analysis of democracy and democratization in the light of the experience of postSoviet political developments. The distinction between t...

Networks of Economic Market Interdependence and Systemic Risk

The dynamic network of relationships among corporations underlies cascading economic failures including the current economic crisis, and can be inferred from correlations in market value fluctuations. We analyze the time dependence of the network of correlations to reveal the changing relationships among the financial, technology, and basic materials sectors with rising and falling markets and ...