March 11, 2022
Christopher Browne, CFA
Democracy Investments’ Chief Investment Officer Christopher Browne, CFA, discusses portfolio influences on foreign policy and makes the investment case for tilting toward Democracy in passive international indices.
November 22, 2021
Christopher Browne, CFA
Democracy Investments' Chief Investment Officer lays out a case for investing in international equities while aligning with investor values of democracy.
May 06, 2021
Dr. Richard Rikoski
Democracy Investments' Chief Economist explains the capital allocation strategy to encourage economic growth in democracies, hinder economic growth in authoritarian states, and create a market-based incentive for political reform.
By Marcos Buscaglia, Financial Times
February 10, 2021
Democracy bonds could empower the fight for human rights.
By Peter Dizikes, MIT News Office
March 07, 2019
MIT researchers find vast gains in productivity after countries democratize.
By Daron Acemoglu, Suresh Naidu, Pascual Restrepo & James A. Robinson, NBER
March 01, 2014
NBER provides evidence that democracy has a significant and robust positive effect on GDP.
Download all the Democracy Index reports here.
Democracy in the doldrums
The average global index score stagnated in 2022. Despite expectations of a rebound after the lifting of pandemic-related restrictions, the score was almost unchanged, at 5.29 (on a 0-10 scale), compared with 5.28 in 2021. The positive effect of the restoration of individual freedoms was canceled out by negative developments globally. The scores of more than half of the countries measured by the index either stagnated or declined. Western Europe was a positive outlier, being the only region whose score returned to pre-pandemic levels.
The China Challenge
Democracy around the world continues to be challenged by an active global pandemic, coups and regime changes, civil unrest, and the rise of authoritarian powers. The 2021 average global democracy score experienced the biggest annual decline since 2010, when the global financial crash led to major setbacks and set a record low since the index was first published in 2006.
In sickness and in health?
Democracy was dealt a major blow in 2020. Almost 70% of countries covered by The Economist Intelligence Unit’s Democracy Index recorded a decline in their overall score, as country after country locked down to protect lives from a novel coronavirus. The global average score fell to its lowest level since the index began in 2006.
A year of democratic backsliding and popular protest
Democracy Index 2019 provides a snapshot of the state of democracy worldwide for 165 independent states and two territories. From full democracy through to authoritarian regime, find out where your country ranks by downloading this free report.
Political participation, protest and democracy
The latest edition of the Democracy Index reveals that despite a growing disillusionment with formal political institutions, political participation is on the rise in almost every region around the world, with the population being spurred into political action.
Free speech under attack
Global democracy has declined significantly over the last year, according to the latest edition of the Democracy Index. The Democracy Index provides a snapshot of the current state of democracy worldwide. This year’s report includes a special focus on how media freedom and freedom of expression are faring in every region.
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