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Thread: Do democracies lead to faster economic growth?

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    Do democracies lead to faster economic growth?

    Professor Yasheng Huang of MIT Sloan speaks on the relationship between democracy and economic performance.

    "For every China, there are 3 or 4 countries that have failed fantastically. It is very important when we draw policy implications, we don't just look at a few successful countries. We also need to look at other countries that are also authoritarian that have failed miserably."

    http://www.bbc.co.uk/programmes/p01ytbh5
    Last edited by M. Montaigne; Apr 4, 2015 at 06:31 PM.

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    Timewaster jsw41's Avatar
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    It's not democracies per se. Look at Greece, Italy, Portugal, etc. They are democracies in name only. True democracies have a majority of countrymen on board, everyone plays by the rules; pays their taxes and tries to work, not being a burden on their society, unless they are unable to contribute. Then you have a chance at economic growth.

    John
    If you come to a fork in the road; take it, and then put it down so someone else can use it.

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    El bot. geoffbot's Avatar
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    Aaaaaand closed. No politics. Happy Easter.
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