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 hegemonic-party systems of Taiwan and Mexico began to loosen in the 1980s, eventually yielding to democracy. Malaysia’s ruling party, by contrast, has tightened the reins of power in the face of…
Embedding a vibrant market economy into strong democratic political institutions is the best way to ensure that political and economic empowerment play complementary roles improving the lives of citizens around…