Category: Economic Reform

Can new social compact resolve tension between democratic recession and resilience?

     

The collapse of communism in Europe 30 years ago ended a broader social-democratic compact. Does the failure to refashion that compact explain varying degrees of democratic recession and resilience? NATO… Read more »

Poverty & Freedom: Inequality feeding democracy’s susceptibilities to degeneration?

     

Enhancing global prosperity must begin with supporting locally-led initiatives that eliminate institutional barriers to freedom—and give citizens greater choice over their future, according to a new book. Governments and philanthropists… Read more »

Capitalism vs democracy: Europe’s hard problem – or source of resilience?

     

Modern Europe’s political structure is based on the supposition that capitalism and democracy can be compatible – so the most urgent challenge of our times is reconciling the two, argues… Read more »

150 years of data proves autocrats are bad for the economy

     

Deference to autocratic rulers is not only a bad idea for democracy: It’s terrible for the economy, too, according to a new analysis. The authors of the study published in… Read more »

Misplaced market dogma behind democracies’ legitimacy crisis?

     

Misplaced faith in markets lies behind liberal democracies’ legitimacy crisis, according to Sebastian Mallaby, the Paul A. Volcker Senior Fellow for International Economics at the Council on Foreign Relations and… Read more »

Democracy fosters economic growth (but democratization is no walk in the park)

     

Democracy fosters economic growth, with researchers finding vast gains in productivity after countries democratize, according to a new study from the Massachusetts Institute of Technology: Research shows that when it… Read more »

Democracy is no longer the only path to prosperity?

     

Countries rated ‘not free’ are increasingly able to offer their citizens high incomes, Will democratic ideals lose their appeal?  Roberto Stefan Foa and Yascha Mounk ask in the Wall Street… Read more »

Will Ethiopia’s liberalization spin out of control?

     

Ethiopian premier Abiy Ahmed’s first 10 months in office have been remarkable by the yardstick of any leader around the world. In that time, he has overseen the swiftest political… Read more »

Tunisia’s resilient democracy ‘at a critical inflection point’

     

  Thousands gathered Monday in Tunisia’s capital as the country marked eight years since a democratic uprising ousted its long-time strongman. The rally came amid deepening economic troubles in the… Read more »