Despite the persistent doomsaying about the political consequences of untrammeled international capital flows, financial liberalization may actually contribute to democratic consolidation.
Nayib Bukele has developed a blend of political tactics that combines populist appeals and classic autocratic behavior with a polished social-media brand. It poses a dire threat to the country’s…
The massive corruption revealed by Brazil’s “Operation Car Wash” points to fundamental flaws in multiparty presidential systems, where presidents must find ways to build coalitions in fragmented legislatures.
