look at turkey, which by the 2000s had become a model developing country, taming inflation and spurring growth. its policymakers were lauded across the world. today turkey's president has abandoned even the pretense of rational economic policy, using that policy to reward friends and punish foes and advocating monetary policy that is the opposite of what most experts believe would work. chile, which was considered the most fiscally prudent country in latin america, now appears to have taken a path towards a more familiar left wing populism. or consider the poster child of developing countries, china, where economic growth was the north star of policy making. today xi jinping pursues policies that often attack the private sector in key growth areas like technology. as the scholar elizabeth economy has pointed out, it is china, not america, that began the move to decouple the two countries economies and embrace protectionism and economic