James R. Millar is professor of economics and international affairs at George Washington University and the director of its Institute for European, Russian and Eurasian Studies.
Fifteen years after the wave of democratization crested in Africa, the region still grapples with an economic malaise that is disappointing popular expectations and undermining the legitimacy of electoral regimes.
Such a comparison clearly shows a higher prevalence of democracy in Latin America and a better economic performance in East Asia. The two regions are likely to converge on both…