Business and the Crisis of Peruvian Democracy

Francisco Durand

Business and Politics, 2002, vol. 4, issue 3, 319-341

Abstract: The extent of business support for democracy in Latin America may determine whether the transitions from authoritarian rule since the 1980s lead to the consolidation of democratic regimes. While some analysts see business support for democracy as firm, others regard its as precarious, and still others believe it is contingent upon whether elected governments contest the economic interests or political dominance of the bourgeoisie. The difficulty of generalizing about the political orientations of business underscores the need for well-documented case studies. This study focuses on Peru, a country where democracy has been at grave risk, and it offers insight into the underlying forces and conditions that determine whether business supports or undermines democratic governance.

Date: 2002
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