Is democracy preventing economic growth?

Is democracy preventing economic growth?

Think it's hard to get movement on infrastructure reform in the United States? In #India, the world's largest democracy, take that challenge and multiply it by 1.3 billion. #RaghuramRajan

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Climate activists project a message onto the Embassy of Azerbaijan ahead of COP29 climate talks, in London, on Nov. 7, 2024.
REUTERS/Chris J. Ratcliffe

Donald Trump’s election victory will loom large in the minds of delegates at this year’s UN climate conference (COP29) in Baku, Azerbaijan, from Nov. 11-22. We asked Eurasia Group expert Herbert Crowther how this will affect COP29 and UN efforts to mitigate climate change more broadly.

Digital Saksham — saksham translates to “able” in Hindi — is a collaboration between the Confederation of Indian Industry and Mastercard Strive, a global philanthropic initiative to support small businesses. It’s part of a broader effort by the Indian government to unlock the full potential of micro and small enterprises — and part of Mastercard’s efforts to bring 50 million small businesses into the digital economy by 2025, a goal it recently met. Accessing digital tools can help small businesses scale up, reach new customers, and hire more employees. Read more about these efforts to equip small business owners — especially women — with the tools they need to build their businesses and become financially resilient.

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Listen: On the GZERO World podcast, Ian Bremmer examines the impact of Donald Trump’s return to office, exploring how his populist victory and the GOP’s control could reshape US governance amid historian Nicole Hemmer’s warning of “accelerating democratic erosion” and journalist Molly Ball's concerns over eroding checks on executive power.

Donald Trump gestures after taking the oath of office during his first inauguration in Washington, DC, in January 2017.

Olivier Douliery/ABACAPRESS.COM via Reuters

The US Justice Department on Friday charged three men with plotting to assassinate Donald Trump on the orders of the Iranian government.

Israeli Maccabi Tel Aviv supporters are guarded by police after violence targeting Israeli football fans broke out in Amsterdam overnight, in Amsterdam, Netherlands, November 8, 2024.
REUTERS/Ami Shooman/Israel Hayom

At least five people were hospitalized and 62 were arrested.

Ukrainian President Volodymyr Zelensky (L) and former President Donald Trump, meeting in New York City on Sept. 27, 2024.
Reuters

Given the tumultuous nature of his initial four years in office, the world is now bracing for the impact of Trump’s return.

A protester looks on near a burning barricade during a "national shutdown" against the election outcome, in Maputo, Mozambique, on Nov. 7, 2024.
REUTERS/Siphiwe Sibeko

In Mozambique, the opposition has accused the ruling FRELIMO party of stealing the country’s Oct. 9 election, and protests have since led to violence.