This article explores the conditions under which exiting authoritarian elites use institutions strategically to fend off the threat of democracy. One way that authoritarian elites can execute this "institutional insulation" is by making the central bank autonomous from the influence of elected...

While the study of comparative bureaucratic organization within the advanced, industrial democracies has made significant progress in recent years (Moe and Caldwell, 1994), we have a much thinner understanding of the causes and consequences of bureaucratic structure in the developing world. This...

The last few years have witnessed a growing discourse in favor of creating a wide range of autonomous public authorities to administer policy. Building on recent scholarship on comparative institutional design, this article examines how constitutional structure affects the timing of such a...

Intro -- Contents -- List of Tables and Figures -- Acknowledgments -- 1. Introduction: The Challenge of Democratic Consolidation -- Part 1: Theory -- 2. Central Bank Autonomy: A Redistributive Perspective -- 3. Preemptive Strike: Central Bank Autonomy in the Transition from Authoritarian Rule --...