Under many nondemocratic systems, good policy is bad politics, and bad policy helps leaders stay in office. The result is poorer performance in terms of economic growth.
About the Authors
Bruce Bueno de Mesquita
Bruce Bueno de Mesquita is senior fellow at the Hoover Institution at Stanford University.
Since the 1950s, Morocco has engaged in reforms that have established a relatively open political and economic system, but democracy has not gained much in the bargain.
Liberty and self-government are not only good in themselves, but also have powerful and beneficial effects on a nation’s level of economic development and prosperity.