Nik Gowing takes questions from our audience as The World Debate in Davos asks: Are democracies best equipped to deal with the increasingly complex challenges of the globalized world?

Europe is bogged down in deep economic crises and the US government is gridlock. China’s new leadership rejects democratic reform while the country’s economy continues to grow.

In the Middle East, the hope of freedom, democracy and prosperity promised by the Arab Spring is beginning to look tarnished. Why is democracy failing so badly to support economic prosperity?
Is autocracy more effective in a crisis? The World Debate in Davos asks: Is Democracy Winning? Show less