Economic Shocks and Authoritarian Stability hones in on the economic challenges facing authoritarian regimes through a set of comparative case studies. It provides readers with the analytical tools for assessing whether the current round of economic shocks will lead to political instability or even regime change among the world's autocracies. Economic Shocks and Authoritarian Stability identifies the duration of economic shocks, the regime's control over the financial system, and the strength of the ruling party as key variables to explain whether authoritarian regimes would maintain the status quo, adjust their support coalitions, or fall from power after economic shocks.
“Important theories in the field would lead us to expect that economic shocks might lead authoritarian regimes to democratize. This volume challenges this conventional wisdom, showing that shocks do not change whether autocrats rule, they change how they rule. The volume is persuasive, well-written, and packed with important new insights from the leading scholars in the field.”
— Daniel Mattingly, Yale University