Democracy and Development
What is the relationship between democracy and development? Is democracy the best way to achieve economic development? What is the best political system for achieving economic development and enduring prosperity? The answers are not obvious. The road from experience to understanding is not straightforward, and requires rigorous analysis of data. Indians have always believed that democracy is good for development (Sen 1999). This chapter will consider both the normative and the empirical side of these questions. It will argue, first, that democracy is inherently desirable; second, that the empirical record of authoritarian developing states is about as mixed as that of democratic states; and finally, that only ...
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