As leftist victories accumulate, it becomes increasingly clear that they represent a regional trend. But why is this trend happening now, and how far will it spread?
Latin America has not been witnessing a general trend toward authoritarianism, but accountability—whether horizontal, vertical, or both—has suffered in some countries, and at times has done so as a side-effect…
Despite the persistent doomsaying about the political consequences of untrammeled international capital flows, financial liberalization may actually contribute to democratic consolidation.