See the seminar's full schedule here: Alberto Alesina Seminar on Political Economy

Today's Speaker

James Fearon (Stanford University), "A Theory of Elite-Initiated Democratization, Illustrated With the Case of Myanmar"

Abstract

Around half of democratic transitions are “top down" in the sense that the autocrats write the constitution that governs post-transition democracy (Albertus and Menaldo 2015).  We analyze a model of elite-driven democratization, illustrating its logic and implications with the case of Myanmar.  In the model, continued dictatorship is costly and inefficient due to risk of a violent rebellion and, possibly, the increase in aid, trade, and geopolitical support that would follow democratization. But the autocrats fear that fair elections would lead quickly to their marginalization.  We argue, contrary to a common suggestion, that paper constitutions that provide veto points for the old elite are not by themselves sufficient protection.  Top-down “democratic transitions" are really cases of power-sharing, in which the old elite retains de facto control of rent streams that the opposition cannot unilaterally seize simply by changing laws.  As the military's coup threat gradually declines over time, democracy may eventually "consolidate."  If the coup threat declines rapidly, and is anticipated to do so, a reversion back to autocracy is possible. We also show how the prospect of increased international aid, trade, and investment make top-down transitions more likely, though only when post-transition power-sharing is feasible.
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