Francis Fukuyama is the Olivier Nomellini Senior Fellow, director of the Freeman Spogli Institute for International Studies, and professor (by courtesy) of political science at Stanford University.
Under many nondemocratic systems, good policy is bad politics, and bad policy helps leaders stay in office. The result is poorer performance in terms of economic growth.
Recent disappointments have led to excessive pessimism about Latin America’s economic and democratic prospects. International recognition of the region’s diversity and a sense of perspective about its setbacks will improve…
