Riz Khan - Does democracy hinder economic growth?
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- Опубліковано 4 вер 2024
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China's economy is today three times larger than that of its Asian neighbour India. Prominent Indian economists look wistfully at China's shiny cities, its industries and highways, and blame India's chaotic democracy for its failure to keep up. Critics say that building a bridge or road in India often involves fractious political debate, while the Chinese government does not face any political or legal challenges. So is India's democracy an impediment to its economic progress and has the absence of democracy in China fuelled its astonishing growth?
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