Global democracy rating hits new low
An annual global democracy index dropped to its lowest score since tracking began in 2006, with just 45.7% of the world’s population living in a democracy of some sort.
Why it matters: At his inaugural “Summit for Democracy” in December, President Biden cast the global advance of authoritarianism as “the defining challenge of our time.” He pledged to spend up to $424 million over the next year on democratic renewal initiatives.
The big picture: The average global score in the Economist Intelligence Unit’s 2021 Democracy Index fell from 5.37 to 5.28 — the largest annual drop since 2010, after the global financial crisis.
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Πηγή: axios.com
