The Great Debate UK

from David Rohde:

Prosperity without power

Photo

A woman walking near the headquarters (L) of the Federal Security Service, in central Moscow, May 14, 2013. REUTERS/Maxim Shemetov

In Moscow, they are “non-Soviet Russians.” In New Delhi, they are a “political Goliath” that may soon awake. In Beijing and São Paolo, they are lawyers and other professionals who complain about glacial government bureaucracies and endemic graft.

Prosperity is spreading in many emerging market nations, but political change is not.

Economic liberalization has sparked vast economic changes in the BRIC nations – China, India, Russia and Brazil. A middle class that was once made up of government servants is now dominated by private-sector employees.

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