Pre-order Checkbook Elections

In May, Oxford University Press is releasing a new volume that offers a fresh look at how campaign finance rules work (or don’t work) across around the world. The book is titled Checkbook Elections? Political Finance in Comparative Perspective and is edited by Pippa Norris of the Harvard Kennedy School and Andrea Abel van Es of the University of Sydney.

E. Sridharan of UPIASI and I have a chapter looking at the Indian experience. Once the book is out, I’ll post the chapter here. In the meantime, here’s a short summary of the book:

Money is essential to the functioning of electoral politics, yet regulating its appropriate use raises complex and controversial challenges in countries around the world. Both long-established democracies and emerging economies have been continually plagued by problems of financial malfeasance, graft, corruption, and cronyism. To throw new light on these important challenges, this book addresses three related questions: (1) what types of public policies are commonly used in attempts to regulate the role of money in politics?, (2) what triggers landmark finance reforms? and, (3) above all, what works, what fails, and why – when countries implement reforms? Checkbook Elections? presents an original theory for understanding policies regulating political finance, reflecting the degree to which laws are laissez-faire or guided by state intervention. Each chapter is written by an area specialist and collectively cover long-established democracies as well as hybrid regimes, affluent post-industrial societies (Sweden, the United States, Britain, and Japan), major emerging economies (Russia, Brazil, and South Africa) and developing societies (India and Indonesia).

You can pre-order the book here. An executive summary of the book, intended for a policymaking audience, is already out here.

Modinomics at Two

I have a new article in Foreign Affairs that looks at Prime Minister Modi’s record in his first two years in office. The piece comes on the heels of the presentation of the BJP government’s third budget since coming into office. Here’s the punchline:

This week’s budget inches along in the right direction, but Modi must rediscover his voice if he is to preempt nationalist distractions and realize even its more modest economic vision.

Read it here