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WHAT DEMOCRACY IS

thor of The Paradox of Plenty: Oil Booms and Petro-States (1997). This essay originally appeared in the Summer 1991 issue of theJournal of Democracy. The original, longer version of this essay was written at the request of USAID, which is not responsible for its content. F or some time, the word democracy has been circulating as a debased

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  Plenty, Paradox, Paradox of plenty

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