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Despite the persistent doomsaying about the political consequences of untrammeled international capital flows, financial liberalization may actually contribute to democratic consolidation.
Volume 10, Issue 1
Volume 12, Issue 3
There has been surprisingly little celebration of the tenth anniversary of the revolutions that brought down communism. The exaggerated hopes of the time have given way to disillusionment, but the…
Volume 11, Issue 2
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…