Update: On 6 June, after two months of negotiations, Bulgarian parliament approved a coalition government led by the prime minister Nikolai Denkov. The government was supported by the two largest parliamentary factions, the anti-communist and socially conservative GERB and the alliance of the right-of-centre We Continue the Change party (WCC) and the liberal Democratic Bulgaria (DB). Under the coalition agreement, Denkov, from the WCC-DB, will…
Tag Archive for democracy
What does the biggest corporate scandal in years mean for India Inc?
Scandal engulfed one of India’s largest conglomerates at the end of January, when a report by a US-based short seller alleged massive corporate fraud. As well as sending shares in Adani Group companies tumbling and heightening fears of wider economic contagion, the report ignited a political scandal, with opposition parties highlighting Prime Minister Narendra Modi’s…
Scenarios for Regime Change in Venezuela
The domestic power-struggle in Venezuela between the acting regime leader, Nicolás Maduro, and opposition leader, Juan Guaidó, claiming presidency and calling for a free elections, is exacerbated by the geopolitical rivalry between Russia, supporting Maduro, and the US, supporting Guaidó, over the country’s fate.
Inside Political Risks: Political Stability Bias vs. Regime Type Analysis
One major lesson learnt by business investors engaging in foreign countries in the light of regime change events in 2011 is that the conventional concept of political stability may be overvalued. In contrast, it is the actual diversity of regime types which should receive the appropriate appreciation when assessing political risks. The concept of regime…
Inquiring the World’s Future
Any decision-maker in government or business who is concerned about the planet’s sustainable future and is looking for serious guidance, might consider studying the “2011 State of the Future” report. Published by The Millennium Project, an international participatory think tank established in 1996, this year’s report is the fifteenth of its kind, and it is…
Regime Change by the People
The popular uprisings in Tunisia and Egypt pose the fundamental question of how best to analyze regime change driven by the power of the people. This article explores dynamic patterns of behavior both on part of civil protest movements and targeted autocratic regimes. These patterns of interaction rule the confrontation and its ultimate outcome, and…
The Corrosion of Democracy
What has happened to the idea and practice of democracy? What many vigilant observers of countries and political systems might have concluded from their daily analysis of political events and processes, has now been confirmed as a global pattern. Democratization has not only come to a halt but has been in decline across the world…