The argument is not that democracy is a superior system because it protects human rights and civil liberties, although it does that too. Rather, this book argues that democratic countries are better able to amass power, wealth, and influence on the world stage than their autocratic competitors. Democracy is a force multiplier that helps states punch above their weight in international geopolitics.
But that was exactly the point of this deal: a lot of publicity for the deal-makers, but not much substance to the deal. In fact, this “breakthrough” is mostly a PR boost for the three leaders involved: President Donald Trump, Israeli Prime Minister Benjamin Netanyahu and Mohamed bin Zayed, crown prince of Abu Dhabi. Meanwhile, the costs will be borne by the one party not involved in the arrangement, the Palestinians.
European bank bailouts (billions of € euros). Some European banks were supported through the financial crisis. The figures above reflect capital injections recorded as ‘deficit-increasing’ (i.e., capital transfers). DATASOURCE: Eurostat. WIDGET: factgraphs.org