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 image of Putin’s Russia as an authoritarian oil state attracts many Western analysts because it seems to carry a promise that falling oil prices will bring regime change. Thus,…
Brazil under Lula offers a test case of how politicians and societal interests in developing countries react when economic growth and new possibilities change the name of the game from…