Until recently, political scientists argued that democracy had poor chances of survival in a multiparty presidential regime. Latin America’s recent experience tells a different story.
For much of its history, Nicaragua has shown a predilection for personalist and populist rule. What explains the persistence and allure of these phenomena, and what obstacles do they pose…
Despite the persistent doomsaying about the political consequences of untrammeled international capital flows, financial liberalization may actually contribute to democratic consolidation.
