Information, Democracy, and Autocracy: Economic Transparency and Political (In)Stability

James R. Hollyer, B. Peter Rosendorff, James Raymond Vreeland

Research output: Book/ReportBook

8 Scopus citations

Abstract

Advocates for economic development often call for greater transparency. But what does transparency really mean? What are its consequences? This breakthrough book demonstrates how information impacts major political phenomena, including mass protest, the survival of dictatorships, democratic stability, as well as economic performance. The book introduces a new measure of a specific facet of transparency: the dissemination of economic data. Analysis shows that democracies make economic data more available than do similarly developed autocracies. Transparency attracts investment and makes democracies more resilient to breakdown. But transparency has a dubious consequence under autocracy: political instability. Mass unrest becomes more likely, and transparency can facilitate democratic transition, but most often a new despotic regime displaces the old. Autocratic leaders may also turn these threats to their advantage, using the risk of mass unrest that transparency portends to unify the ruling elite. Policymakers must recognize the trade-offs that transparency entails.

Original languageEnglish (US)
PublisherCambridge University Press
Number of pages382
ISBN (Electronic)9781108355100
ISBN (Print)9781108420723
DOIs
StatePublished - Jan 1 2021

All Science Journal Classification (ASJC) codes

  • Social Sciences(all)

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