That advantage could have been given up and shared.
Strong institutions cannot be put in a crate and shipped overseas, no.
Countries like Japan, Singapore and South Korea slowly built their own, and are also developed now. Most poor countries just haven’t managed it yet for one reason or another.
That advantage could have been given up and shared. Instead it is defended, even with military power. Why fight those wars now and make enemies?
Strong institutions cannot be put in a crate and shipped overseas, no.
Countries like Japan, Singapore and South Korea slowly built their own, and are also developed now. Most poor countries just haven’t managed it yet for one reason or another.
That other reason, too often it’s Western intervention.
As a consequence, I believe that there won’t be a peaceful transition into a multipolar world, because that could have already happened.