The West’s Decline Would Hurt China

JUL 31, 2016 1
The West’s Decline Would Hurt China
PROJECT SYNDICATE
MINXIN PEI
Minxin Pei is Professor of Government at Claremont McKenna College and a non-resident senior fellow at the German Marshall Fund of the United States.

HONG KONG – Official Chinese media are having a field day touting the dysfunction of Western democracies. Between the British vote to “Brexit” the European Union and the nomination of Donald Trump as the Republican candidate for the US presidency, not to mention increasingly frequent terrorist attacks, they have plenty of evidence. But the truth is that the West’s loss is not China’s gain.
The hope, of course, is that the current travails of democracies around the world could boost the credibility of the Chinese Communist Party. And, indeed, a commentary in People’s Daily, the CCP’s official newspaper, portrayed the Brexit vote as a reflection of the fundamental flaws of Western democracies. The same paper used Trump’s rise to show that, in the American system, political leaders are “helpless” to address “complex social conflicts” like racial tensions and other sources of popular discontent.
The Global Times, an ultra-nationalist tabloid affiliated with the People’s Daily, seemed tosuggest that recent terrorist attacks in the West were a harbinger of some kind of democratic apocalypse. The West may be facing some mysterious and unthinkable “change,” intoned the tabloid.
Given the CCP’s ideological hostility to the West, and its zero-sum geopolitical mindset, such gloating should come as no surprise. Indeed, the CCP has long used challenges that arise in democratic countries as part of its never-ending effort to enhance its own legitimacy. Claiming that democracy barely works in the West, the Party argues that it would be disastrous for China. Moreover, so long as China’s government is delivering consistently rising standards of living, as it has been over the last few decades, there is no need, according to the authorities, even to consider alternative systems.
But there is little evidence that democratic tumult translates into autocratic legitimacy. On the contrary, dictatorships have historically fallen, regardless of the fortune of Western democracies.
When the so-called third wave of democratization began in the mid-1970s, Western democracies were mired in stagflation and the political trauma of the Vietnam War. The fall of communism in the former Soviet bloc coincided with the reinvigoration of Western democracies in the 1980s. When the Arab Spring erupted in 2011, Western democracies were struggling with the consequences of the global financial crisis of 2008.
All of this suggests that autocrats in China should not be holding their breath for some Brexit-induced surge in support. Though stories of democratic dysfunction can give people living under autocratic rule a negative impression of democracy, the effect is most likely short-lived. As long as dictatorships mistreat their own people and fail to improve their lives, their legitimacy will be challenged.
Of course, China is no ordinary autocracy. But what makes it unique – the link between the CCP’s authority and its ability to sustain economic growth – does not make its gloating any more rational. After all, one of the keys to China’s economic success is its integration into a global economy dominated by the Western democracies, which buy roughly 60% of Chinese exports.
In other words, the CCP derives more legitimacy from Western democracies’ success than it would from their failure. No good businessperson would hope their best customers go bankrupt. It makes little sense that the CCP is so pleased about the struggles of China’s most valuable trading partners.
The factors driving the challenges facing the Western democracies today hold even worse implications for China. Support for Brexit and Trump is rooted largely in voters’ rejection of globalization. Regardless of how Brexit or the US election plays out, it is very likely that governments in Western democracies will respond to voter angst and take measures that imply a return to some degree of protectionism.
As the world’s largest exporter, China will not escape the damaging economic consequences of such efforts. In that context, the legitimacy of the CCP, already challenged by China’s economic slowdown, could erode further. Instead of gloating, China’s leaders should be watching developments in the Western democracies with concern – and start planning for their own difficult times ahead.

https://www.project-syndicate.org/commentary/globalization-opposition-hurts-china-by-minxin-pei-2016-07

“Sabemos que os negócios vão crescer por isso o Uruguai”
Globant investe USD 60 milhões no Uruguai
“Uruguai, um país próspero” disse diretor do Grupo Casino
Uruguai tem incentivos para audiovisual
Audiovisual: incentivos no Uruguai
Uruguai é o 2o país com mais energia renovável
Uruguai vacinará toda população em 45 dias
Uruguai anuncia nova Zona Franca
Google liga novo cabo submarino no Uruguai
Porto do Uruguai segue o exemplo de Singapura
Acordo para tributar multinacionais: oportunidade para China?
Uruguai é o país mais resistente na pandemia
Unicórnio do Uruguai entra na Bolsa em NY
Porto do Uruguai se moderniza
Chocolaterias premium expandem no Uruguai
Tempos de bonança pós pandemia diz The Economist
Uruguai tem instituições fortes e alta renda per capita diz FMI
Uruguai prepara o melhor porto da América do Sul
Argentina: 9 dias de lockdown
Argentina aumenta restrições de mobilidade
Uruguai abre as fronteiras para estrangeiros
Empresas de tecnologia uruguaias vendem para México
Porto de Montevideo será mais moderno da AL
Assessor de Macri pede asilo no Uruguai
Uruguai: taxa de internação em UTI de vacinados é quase zero
Novos vôos Miami – Montevideo
Google compra 30 hectares no Parque da Ciência no Uruguai
Uruguai consegue boa colocação de bonos
Empresa de software investe no Uruguai
UBS espera retomada da economia em outubro
EUA e Europa estudam modelo de tributação mundial
Advocacia: mudanças radicais e rápidas
Uruguai anuncia compra de mais vacinas
Paraguai surpreende e não apoia flexibilização do Mercosul
Nova Iorque perde USD 60 bilhões com turismo
Nova fábrica da Ford Uruguai começa a contratar
BofA: bolha é maior preocupação dos investidores
Hotéis e edifícios em Nova Iorque em crise
Uruguai propõe flexibilização do Mercosul
“Argentina é difícil para investidores estrangeiros*
Argentina: a miséria assola o país
Argentina: crise santiária e financeira
Brasileiros investem no exterior
“Uruguai é reconhecido por dar segurança aos investidores”
Porto de Livre Comércio de Hainan
Falências vão ser recordes em São Paulo
“Argentina não tem futuro”
Preços do mercado imobiliário de Montevideo
Home Office muda Manhattan
Fim do ensino presencial?