AbstractThis article assesses the strengths and weaknesses of the religious economy approach by applying it to the religious revival across contemporary Russia and China. This comparison shows that the religious economy framework is beneficial in explaining some aspects of the communist and post-communist religious change, including macroeconomic market trends and why some faiths thrive while others fail. However, it has less explanatory power in explaining religious-state relations under market constraints — that is, how religious groups interact with state regulators to survive and grow; the range of options available to religious actors and their payoffs; and the political consequence of this interaction. This article draws on fieldwork in both countries to illustrate the benefits of grounding the religious economy approach more deeply in politics. The political economy of the marketplace reveals how and why religious groups engage the state to survive, and that they are becoming influential political and economic actors.
The Political Economy of Reserve Accumulation in the Developing World