“This fine book makes an important contribution both to the comparative literature on the quality of democracy in post-transition settings and to the growing literature on comparative business politics in Latin America. By deftly weaving together new archival evidence and interview material, Shadlen provides a fresh—and provocative—angle on the challenges that free-market economic reforms and political democratization pose for small business in developing countries. The book makes a convincing case that the democratization of authoritarian-corporatist regimes can ironically weaken the representation of small business in the policy arena. This, in turn, has sobering implications both for the quality of democracy and for overall economic performance, especially in terms of employment generation.”—Richard Snyder, Brown University