Saturday, August 1, 2009

Is GDP growth undermining democracy?

An interesting post by Brad Setser and Paul Swartz of the Council on Foreign Relations (“Geoeconomics, in pictures”, July 31) here , shows how the share of world GDP by governance form, i.e. autocracy and democracy, could be converging during the next few years, due to the new growth of emerging economies which are ruled by an autocratic regime.

It could well be, on the other hand, that economic development would bring about a change of political regime in many countries, and raise the number and GDP weighted share of democratically governed countries.

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