Charles H. Fairbanks, Jr., is senior fellow at the Hudson Institute. Since 2006, he has been living in Tbilisi, Georgia, where he is also professor of Soviet and post-Soviet systems at Ilia State University.
Independent central banks throughout the former Soviet Union suffer from a dual democratic deficit. How can they gain greater democratic legitimacy without compromising their countries' economic health?
Latin American social policy has at times worked backwards, widening rather than narrowing economic and social inequalities. But new conditional cash-transfer programs seem to be producing positive outcomes.