Whereas representative democratic mechanisms have generally been built around preexisting institutional structures of sovereign states, the global political domain lacks any firmly constitutionalized or sovereign structures that could constitute an analogous institutional backbone within a...

"Emerging markets are attractive investments for many reason, including their enormous growth potential and their diversification benefits. The problem is, money doesn't discriminate between democratic and anti-democratic leaders: Markets routinely reward authoritarians like Jair Bolsonaro,...