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Home | ALL NEWS | WORLD | Of Dictators And Trade Surpluses

Of Dictators And Trade Surpluses

August 26, 2022 by DC Editors Leave a Comment

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Of Dictators And Trade SurplusesThis article by Paul Krugman is published by The New York Times. Here is an excerpt:

According to a new NBC News poll, U.S. voters now consider “threats to democracy” the most important issue facing the nation, which is both disturbing and a welcome sign that people are paying attention. It’s also worth noting that this isn’t just an American issue. Democracy is eroding worldwide; according to the latest survey from the Economist Intelligence Unit, there are now 59 fully authoritarian regimes out there, home to 37 percent of the world’s population.

Of these 59 regimes, however, only two — China and Russia — are powerful enough to pose major challenges to the international order.

The two nations are, of course, very different. China is a bona fide superpower, whose economy has by some measures overtaken the United States’. Russia is a third-rate power in economic terms, and events since Feb. 24 suggest that its military was and is weaker than most observers imagined. It does, however, have nukes.

Read the full article here.

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Filed Under: International Democracy Tagged With: Dictatorships, Worldwide

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