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.
Despite the persistent doomsaying about the political consequences of untrammeled international capital flows, financial liberalization may actually contribute to democratic consolidation.
A bloodless revolution toppled the corruption-ridden 13-year-old regime of Slobodan Milosevic and brought to power a team led by committed democrats. Although strains exist within the new 18-party ruling coalition,…
In March 2009, El Salvador saw its first peaceful alternation of power since independence, as the FMLN, a former guerilla movement that laid down its arms in 1992, finally won…