David Dollar has served as the World Bank's China Director and is currently the U.S. Treasury Department's Economic and Financial Emissary to China.Before this assignment, Mr. Dollar worked as Director for[…]
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Dollar knows it can.
David Dollar: Yeah. I don't think there's any question about that. Personally I'm a big fan of democracy, and I think that all the countries that are fully developed all the countries that have become rich have become democracies; but we see quite a few different patterns around the world. There are countries that like Chile that developed under authoritarianism for several decades and then became democratic. South Korea is another example of a country that developed pretty far under authoritarianism and then became democratic. So I think the historical evidence is that China can certainly grow for another decade or longer without significant political change.
Recorded on: 7/3/07
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