Democracy in uncertain times: Inequality and democratic development in the global North and global South
Journal: OpenMETU (Middle East Technical University)
Year: 2020

Liberal democracy is under challenge on a global scale. The global financial crisis has&#13;\naccelerated and aggravated the crisis of liberal democracy in the global North. The paper&#13;\nexamines the prospects for liberal democracy in the global South and argues that the prospects&#13;\nare mixed. The rise of China and the durability of its highly successful model of authoritarian&#13;\ncapitalism, in spite of a certain loss of momentum in the current era, poses a central challenge&#13;\nin a