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.
Like many other world-government bodies, the International Monetary Fund is a necessarily nondemocratic organitzation that cannot help but have an impact on democracy’s prospects in poorer countries.
Such a comparison clearly shows a higher prevalence of democracy in Latin America and a better economic performance in East Asia. The two regions are likely to converge on both…
As an analysis of recent electoral results shows, the world’s emerging democracies are weathering the global economic crisis surprisingly well. Yet they remain under an even sharper threat from their…