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SPP 421

Author: Orsolya Lazar, William Mishler and Richard Rose
 
Description: This paper analyzes the effects of globalization and foreign direct investment on public support for the new economies in post-communist Eastern and Central Europe and the former Soviet Union. Although public support for the new economies is generally low in absolute terms and differs significantly across societies, support has risen gradually in most societies across the first decade of the transition. It also is apparent that vulnerable economic groups within these societies including women and the elderly express increasingly less confidence in the new economies than those who have benefited more immediately and directly from free market policies. What is not clear, at this early point, is what matters more for the long-term stability of the new economies and regimes -- the slowly rising tide of public confidence overall or the rapidly growing gap in public confidence between rich and poor.

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