Growth Without Democracy: Has ChinaChina’s Time of Rapid Growth Come to an End?
Thráinn Eggertsson ()
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Thráinn Eggertsson: University of Iceland
A chapter in Fault Lines After COVID-19, 2023, pp 81-95 from Springer
Abstract:
Abstract Chinese President Xi thinks he has found a substitute for democracy in digital dictatorship. He believes that digital surveillance and enforcement can replace free civic society organizations that build civic virtue, trust, and cooperation in democratic societies but also constrain the state and protect democracy. Mr. Xi is in the early stages of a monumental experiment (of which the Chinese social credit system is an example) to build cyber citizenship and sophisticated central direction of entrepreneurship. His aim is to make China the leader of modern technology. But the facts point to a steady downward trend in productivity growth, unfavourable demographic developments, and an unfavourable comparison to South Korea and Taiwan at similar stages of development.
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-031-26482-5_5
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DOI: 10.1007/978-3-031-26482-5_5
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