Re: Can China grow as a one-party state?
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 the development research department of the World Bank, overseeing the Bank’s research on the investment climate and growth. He co-authored the recent World Bank reports Globalization, Growth, and Poverty and Assessing Aid. His earlier work focused on aid and growth, and the determinants of the success and failure of reform programs supported by structural adjustment lending. He has been a key World Bank spokesperson on investment climate, globalization, and the effectiveness of aid.
He has a PhD in economics from New York University and a B.A. in Chinese history and language from Dartmouth College.
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
Dollar knows it can.
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