The Problems of Simultaneous Transitions

The financial crisis did not deal a fatal blow to any democracies, but it did hasten an erosion of the influence of the West. In the future, the balance of…

As Latin America suffers from its worst economic crisis in decades, the reform of political institutions remains the region’s best hope.

A political system in which power is formally divided among ethnic or sectarian groups may seem like a good idea in conflict-ridden societies, but it bears a high price and…