20 Feb 2009 10:49 Africa/Lagos
Democracy in Retreat as Recession Deepens
LONDON, February 20/PRNewswire/ -- In a dire warning to global leaders, Robin Bew of the Economist Intelligence Unit warns that the march to democracy round the globe is now stalled and could move in to reverse. Regions of the world that have adopted economic liberalism allied to more political openess may very easily slide in to protectionism and more closed government, he warns in his monthly Global Forecast programme on http://www.cantos.com. This would bring to an end a political and economic phase in international development that might herald growing social instability. Organisations like the World Trade Organisation that monitor free trade face a respect deficit and could be increasingly challenged by countries unprepared to play by the rules anymore.
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Source: Economist Intelligence Unit
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