The current state of democracy in the world is fragile. According to the V-Dem Project, which measures global democracy, 41% of the world’s population live in autocratizing countries — that is, those becoming more authoritarian.
In fact, a “third wave of autocratization” has seen democracy pushed back to levels not seen since 1978, the authors of the 2026 V-Dem report conclude. Worse, many of the 92 autocracies around the world are becoming more repressive.
And all this is happening while the economy has globalized — something that many political economists thought would encourage democracy among previously undemocratic nations.
So what’s
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