The developed world holds up the ideals of capitalism, democracy and political rights for all. Those in emerging markets often don't have that luxury. In this powerful talk, economist Dambisa Moyo makes the case that the west can't afford to rest on its laurels and imagine others will blindly follow. Instead, a different model, embodied by China, is increasingly appealing. A call for open-minded political and economic cooperation in the name of transforming the world.

Dambisa Moyo: Is China the new idol for emerging economies?

Is China the new idol for emerging economies?

China's rise challenges the Western model, prioritizing economic growth over political rights, appealing to emerging markets.

Income, not democracy, may be the best predictor of a country's stability, challenging the Western push for global democratization.

The global shift toward China's model suggests a reevaluation of democracy's role in economic prosperity and poverty reduction.