rule of law

Construction workers at project construction site

Investing in Democracy

Democratically governed countries usually offer better conditions for long-term foreign investment than autocratic ones – particularly more stability, greater legal certainty and more efficient governance. Thus, from a company perspective, investing in democracies does not only feel right, it is also the more rational choice. The Chinese government is losing out – big time – […]

Hery Rajaonarimampianina, President of the Republic of Madagascar, at UN Headquarters in New York © UN Photo/Eskinder Debebe

Madagascar’s Rocky Path to Democracy

After five years of political turmoil and economic standstill, Madagascar seems to be headed for recovery. The new democratic government wants to restore rule of law, tackle poverty, and foster growth. Yet the island remains burdened by a legacy of power struggles and corruption. The men open the heavy steel door of the container. This […]

© Sime Simon via Flickr (CC BY 2.0)

An Appetite for Change?

While the Czech Republic shows signs of a new right direction to curb its corruption problem and bolster the rule of law, Russia is taking steps to bring its judiciary under even tighter control. This might also dim its economic future. On 13 June 2013, the Czech prime minister’s chief of staff, Jana Nagyova, was […]

São Paulo subway cars. © Luis F. Gallo (CC-BY-2.0)

Bridging the Corruption Gap in Brazil

Media and civil society in Brazil are quite successful at exposing corruption. The government should revisit laws, strengthen their enforcement, and engage in an anti-corruption forum with NGOs and businesses. The fight against corruption is an ever-present key issue in Brazilian media and society. It’s common knowledge that, despite Brazil’s vast economic potential and the […]