Economic liberalization can lead to democracy, but its success varies significantly across nations. For countries like Russia and China, initial hopes for democratization have been undermined by powerful groups that sought to maintain control rather than promote civic engagement. Sanctions designed to influence regime change often lack flexibility, potentially hindering their efficacy. Historical analysis reveals that Russia's transition was not simply a failed attempt at democracy, but rather a strategic takeover by entrenched elites who exploited the reforms for personal gain, thereby stunting genuine political progress and integration with democratic norms.

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