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Democracy has been in a global recession for most of the last decade. Yet the picture is not entirely bleak. We have not seen “a third reverse wave.” The key imperative in the near term is to work to reform and consolidate the democracies that have emerged during the third wave—the majority of which remain illiberal and unstable, if they remain democratic at all. It is vital that democrats in the established democracies not lose faith. Democrats have the better set of ideas. Democracy may be receding somewhat in practice, but it is still globally ascendant in peoples’ values and aspirations.

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Issue Date: 
January 2015
Volume: 
26
Issue: 
1
Page Numbers: 
141-155

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