EBRD homepage
About the EBRD
News & events
Publications
 
Find a publication

Order a publication

Annual report

Transition report
Countries & topics
Projects
Apply for financing
Environment
Capital markets
Working together
 

 

Publication overview

Should market liberalisation precede democracy? Causal relations between political preferences and development

Full Publication:

Should market liberalisation precede democracy? Causal relations between political preferences and development  

Published:August 2007
Author/s:Pauline Grosjean, Claudia Senik
Pages:40
Price:Free
Series:Working papers
Subscribe to publications email alerts


Abstract

This paper looks at the relationship between market development and democracy. We ask if demand for democracy emerges only after a certain degree of market development has been reached and, conversely, whether democratisation is likely to hinder acceptance of market liberalisation. Our study, which is based on the 2006 Life in Transition Survey, finds that democracy enhances support for market development, but that economic liberalisation does not clearly increase support for democracy.

Related information

Life in Transition survey



Terms and conditions Sitemap Feedback