Despite South Korea’s messy democratic trajectory, it has miraculously achieved consolidation. Though far from perfect, South Korea’s democracy has turned obstacles into opportunities for reform and development.
Despite current trends, Chinese thinkers friendly to human rights and liberal democracy have left behind a treasury of thought from which their country may one day draw new inspiration.
Despite the persistent doomsaying about the political consequences of untrammeled international capital flows, financial liberalization may actually contribute to democratic consolidation.