Don't Do It, Colombia! Presidential Term Limits Are Good for Development, But Endangered
How long should presidents rule? On Tuesday, Colombia’s senate approved a national referendum to amend the constitution—again—to allow the popular president Alvaro Uribe to stand for election next year to yet another term in office.
You should care because this is representative of a big phenomenon that spans the whole developing world. For good reasons, many developing countries built presidential term limits into their constitutions—the contracts that govern how people agree to be ruled by each other.
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