Thanks very much.
Again, I mentioned in my remarks the seminal study by Arend Lijphart, the Dutch political scientist, who divided up OECD countries into consensual versus majoritarian democracies. He found on a whole range of indicators that the consensus democracies, those that use some form of proportional representation, had happier, more content electorates, citizenry; performed better on a whole range of social indicators; and were certainly no worse, and in many cases better, than the majoritarian countries, such as the U.K., the U.S.A., and Canada, in economic performance. One of the key elements of consensus democracies is coalition government, which forces collaboration among parties, which leads to greater continuity of policy outputs. All of that leads, in a kind of beneficial feedback loop, to a happier electorate.