Stagnating wages and growing inequality will soon threaten the stability of contemporary liberal democracies and dethrone democratic ideology as it is now understood. What is needed is a new populist ideology that offers a realistic path to healthy middle-class societies and robust democracies.
See more in North America; Financial Regulation; Politics and Strategy; Global
Nancy Birdsall and Francis Fukuyama discuss their recent Foreign Affairs article “The Post-Washington Consensus: Development After the Crisis” with students, as part of CFR's Academic Conference Call series.
Learn more about CFR's Academic Initiative.
See more in Economic Development; Global
The American version of capitalism is no longer dominant around the world.
See more in United States; Financial Crises; Global; Economic Development
Francis Fukuyama, the director of the Johns Hopkins International Development Program, reviews two books on the faulty management of foreign aid to Africa.
See more in Foreign Aid; Africa (sub-Saharan)
This piece argues that democracy promotion remains worthwhile as a moral and strategic choice for the United States but that "democracy promotion should be placed in a broader context of promoting economic development, reducing poverty, and furthering good governance."
See more in Democratization; Middle East and North Africa
Francis Fukuyama and Michael McFaul argue that U.S. should continue to promote democracy around the world in this paper for the Stanley Foundation Bridging the Foreign Policy Divide project.
See more in Democratization; United States
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See more in Global; 9/11 Impact