Democracy is a fine political system, but an expensive economic venture. Political parties and election campaigns cost money. Where does the money come from and at what sacrifice? Issues connected with political finance are significant but often neglected aspects of the process of democratization. Funding Democratization examines how money and politics interact in emerging democracies. The contributors investigate the funding of political parties in early North America, financial uncertainties of party formation in European countries, funding of democratization in new democracies, and the influence of funding on contenders for power. They also address the nature of political competition in countries that are seeking to embrace, often for the first time, the rules of democracy. They question in what ways politicians can help make democracy affordable. The volume compares important democratizing countries, such as Russia, Brazil, South Africa, Spain, and the regions of East Asia and East/Central Europe. It also investigates the lessons that emerging democracies can learn from the history of political finance in today's more established democracies. Funding Democratization will be of interest to political scientists and specialists in international social and political development.

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Peter Burnell, Allan Ware

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