"In the absence of a stable democratic system based on political checks and balances, incentives to make long-term investments in new businesses and the freedom to innovate are limited. There is no guarantee that China and the Middle East will develop healthy democracies anytime soon, and both may face long periods of political turbulence. For all its present challenges, the West may continue ruling in the twenty-second century."
West Is Best? | Foreign Affairs
Tuesday, January 18, 2011
West Is Best?
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment