Despite the persistent doomsaying about the political consequences of untrammeled international capital flows, financial liberalization may actually contribute to democratic consolidation.
In an exchange of letters, leading Cuban dissident Oswaldo Paya discusses with Vaclav Havel the lessons that the Czechoslovak experience offers to Cubans seeking a democratic transition in thier own…
The Communist Party’s adaptation to China’s new social elites will lead to a democratic transition only, if at all, at the expense of regime continuity.
