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Business has often failed to understand its changing relationship with the forces unleashed by and within a democratizing social order. In addition, it has been slow to define its social and political interests and is defensive and inept in promoting them. As a corporate citizen, business is often less than effective. This text is the result of a two-year comparative study of the role of business in democratic transitions and economic development. Countries covered in the project include Brazil, Mexico, Spain, Indonesia, the Philippines, Nigeria, the United States and South Africa.