Jagdish Bhagwati is Arthur Lehman Professor of Economics and professor of political science at Columbia University. He is also a visiting scholar at the American Enterprise Institute in Washington, D.C.
The countries of Central and Eastern Europe have been struggling to devise approaches to political economy that can bring stability, prosperity, and a measure of equality in a world dominated…
Despite worry of an authoritarian resurgence, the vast majority of “third wave” democracies are enduring. Democracy, buoyed by economic growth and urbanization, is outperforming most people’s expectations or fears.
Natural-resource wealth has been at the root of Angola's corruption and authoritarianism. By giving leverage to those pushing for reform, however, it has also become a key factor in teh…
