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Contents
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Acknowledgments ix introduction. Institutions, Interests, and Ideas in Explaining Regime Change 1 1 Financial Shocks, Economic Crises, and Democracy: Theory and Practice 14 part i great depression, 1929–34 2 Economic Crisis and Democracy during the Great Depression 47 3 Institutions: Polarized Domestic Conflicts and Weak International Capacity 55 4 Interests: Foreign Capital and Domestic Coalitions against Democracy 78 5 Ideas: Extreme Ideological Conflict and Rise of the State in the Economy 95 part ii. economic crises and democracy in the late twentieth century 6 1982 Debt Crisis and 1997–2002 Emerging Markets Crises 119 7 Institutions: Demise of Military-as-Government and Higher Costs for Action 134 Contents viii c o n t e n t s 8 Interests: Capital Flight, Pressures from Below, and Democracy 165 9 Ideas: Cold War Endgame, Unipolar Moment, and Neoliberalism 191 conclusion. Implications for Democracy after the 2008–9 Financial Meltdown 211 Notes 241 Bibliography 261 Index 273 ...