The invisible link between wealth and democracy.Professor of international relations at Stanford University and senior fellow at Stanford’s Hoover Institution
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Does Wealth Bring Democracy?
Over his forty years of research on wealth and democracy, Stephen Krasner came to this conclusion: it’s near impossible for a country to become prosperous and democratic simultaneously. It’s an accomplishment achieved by very few countries.
How can a country acquire wealth and transition to democracy at the same time? Will wealth push a country towards democratization? Why is it so difficult for this process to occur? Dr. Krasner leads us through a review of the thoughts and findings of so many experts in this field, and finally, using these ideas on wealth and democracy, what future can we predict for China, the most formidable rival of the US.
There is much more than meets the eye when it comes to wealth and democracy. The coexistence of the two is by no means guaranteed. It can leave us at any time. Stephen Krasner's lecture will be a guiding light for all those aspiring to defend the delicate balance of wealth and democracy in the modern age.
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Emeritus Professor of International Relations at Stanford University Senior Fellow at the Freeman Spogli Institute for International Studies and the Hoover Institution Member of the Foreign Policy Advisory Board of the State Department (2011~2013) Member of the International Security Advisory Board of the State Department (2008~2009) Director of Policy Planning in the State Department (2005-2007) Director for Governance and Development in the National Security Council (2001~2002)
Stephen Krasner got his PhD in Politics at Harvard University and has been a professor of international relations at Stanford University since 1981.
He is currently a Senior Fellow at the Freeman Spogli Institute for International Studies and the Hoover Institution. He also served at the State Department, taking on the roles of the Director of Policy Planning (2005-2007), a member of the International Security Advisory Board (2008-2009), and a member of the Foreign Policy Advisory Board (2011-2013). As a scholar and key figure in the State Department, Stephen Krasner has studied the relationship between wealth and democracy for the past four decades and is regarded as an influential authority on international relations.
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