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 1997 financial crisis undermined the argument for a putative “Asian-style democracy” that prioritized economic development over political liberalization. Yet recent electoral and other reforms have set the stage for…
Guatemala, Honduras, and El Salvador are weighed down by high crime, sluggish economies, and heavy reliance on remittances. And when significant political change has taken place, it has resulted in…
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…
