As Democracy Recedes Globally, What’s the Impact on Wellbeing? By Thierry Malleret, economist Worldwide, democracy is receding to its lowest levels since the mid-70s, with many countries “autocratizing” at the same time. According to The Varieties of Democracy (V-Dem) Institute at Sweden’s Gothenburg University, a record 41% (3.4 billion) of the world’s population currently live in countries where democracy is deteriorating. Should this be of…























































