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In The Magazine

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Beating the ‘Resource Curse’

By Larry Diamond and Jack Mosbacher Novel recommendations for ensuring that Uganda’s ‘Black Gold’ cash benefits as many citizens as possible Uganda is awash in oil. But how can the country avoid the negative development outcomes experienced by every previous oil-rich country in Africa? Uganda’s legislators have tried to craft …

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America’s Debt-Ceiling Debacle

By Katharina Pistor Debt burdens are growing yet excessive reliance on debt finance  is undermining basic tenets of democracy When Greece’s sovereign-debt crisis threatened the euro’s survival, US officials called their European counterparts to express bewilderment at their inability to resolve the issue. Now, the tables have turned, with American …

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