Op-ed: Democracy is the only way01 Oct 2014, by
16 October 2014, Ann Bernstein for Financial Mail. Read this article at the Financial Mail.
Should the future of the developing world be dominated by authoritarian governments? Are autocracies the best means of producing economic growth and inclusion? One often cited statistic is that India’s GDP almost doubled between 1980 and 2007, but China’s increased seven-fold. This and other examples appear to suggest that initial periods of industrialisation are more effectively directed by autocracies than within democracy. But after two years of research with experts in India, Brazil and SA, the Centre for Development & Enterprise released a report refuting this view. The experiences of these three countries demonstrate that it is not necessary to give up individual freedoms, rule of law, independent institutions, a free press and regular elections.
This work by Centre for Development and Enterprise is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.