Unlike many discussions of democracy that treat authority as a problem primarily of domestic politics or normative values, this book puts the international economy at the center of the analysis. The book shows how changes in the international economy fromthe inter-war years to the end of the twentieth century impacted upon the success and failures of democracy. It makes the argument by considering a range of different cases, and it traces the success and failure of democracies over the past century. It inludes detailed studies of democracies in both developed and developing countries, and offers a comparative analysis of their fate.

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