Asia democracy such as the Singapore Model will be a topic of study in the future. Many wealthy people wants a country that will preserve their wealth and good rule of law. A selective democracy with low tax regime and global citizenship.
Western democracy plants a self-destruction time bomb in the system. It is a double-edged sword, you can use democracy to achieve your aspiration but at the same time, you will have to succumb to the majority view which might not be the right direction for a country.