The aforementioned political scientist Guillermo O’Donnell not only coined the term bureaucratic authoritarian, but also put forth one of the most important economic arguments as to why these regimes appeared. Within his work Modernization and Bureaucratic Authoritarianism, he stated that late industrializing nations were intrinsically different then those that industrialized countries earlier. O’Donnell also attempted to explain why there was a reversal of democracy in Latin America as opposed to the increase in democracy for early developing nations, such as in the United States. His general belief was that balance of budget crisis, fiscal deficit, and inflation were consequences of the various stages of late industrialization. O’Donnell believed that industrialization in late developing dependent countries began at an easy stage, during which they created textiles, clothes, or food. There was not much capital needed for this stage, and countries were be able to industrialize rapidly while maintaining democracy and strong unions. However, once a country “exhausts” this easy stage by fulfilling consumer demand, they will continue to the
The aforementioned political scientist Guillermo O’Donnell not only coined the term bureaucratic authoritarian, but also put forth one of the most important economic arguments as to why these regimes appeared. Within his work Modernization and Bureaucratic Authoritarianism, he stated that late industrializing nations were intrinsically different then those that industrialized countries earlier. O’Donnell also attempted to explain why there was a reversal of democracy in Latin America as opposed to the increase in democracy for early developing nations, such as in the United States. His general belief was that balance of budget crisis, fiscal deficit, and inflation were consequences of the various stages of late industrialization. O’Donnell believed that industrialization in late developing dependent countries began at an easy stage, during which they created textiles, clothes, or food. There was not much capital needed for this stage, and countries were be able to industrialize rapidly while maintaining democracy and strong unions. However, once a country “exhausts” this easy stage by fulfilling consumer demand, they will continue to the