Is Democracy Always Good?

Michael Backman

Chapter Chapter 3 in The Asian Insider, 2004, pp 17-24 from Palgrave Macmillan

Abstract: Abstract India is a democracy, respects human rights and has a free media. And in relative terms, it is an economic backwater. China is a totalitarian dictatorship, contemptuously disregards human rights and has a media that is shackled and journalists who are jailed. And it’s the biggest destination for foreign investment among developing economies in the world today, has economic growth rates that probably are unprecedented and is the economy in which all multinationals want to have a presence. Yet China is at a relative disadvantage when one looks at its scant natural resources. Look at cultivable land, for example. China has just 0.08 hectares (0.2 acres) of such land per person, while India has 0.2 hectares (0.5 acres) per person.1

Keywords: Mature Economy; Universal Suffrage; Policy Platform; Movie Star; Asian Economic Crisis (search for similar items in EconPapers)
Date: 2004
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-4039-4840-3_3

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DOI: 10.1057/9781403948403_3

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