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DEMOCRACY
It also provides:
● Methods to resolve conflicts
● Certain rights to citizens
● Protects minorities.
Democracies are not appearing to be very successful
in reducing economic inequalities.’ Analyse the
statement. 5
If democracies are expected to produce good governments, then is it not fair to expect that they
would also produce development? Evidence shows that in practice many democracies did not fulfil
this expectation.
If you consider all democracies and all dictatorships for the fifty years between 1950 and 2000,
dictatorships have slightly higher rate of economic growth. The inability of democracy to achieve
higher economic development worries us. But this alone cannot be reason to reject democracy. As you
have already studied in economics, economic development depends on several factors: country’s
population size, global situation, cooperation from other countries, economic priorities adopted by
the country, etc. However, the difference in the rates of economic development between less
developed countries with dictatorships and democracies is negligible. Overall, we cannot say that
democracy is a guarantee of economic development. But we can expect democracy not to lag behind
dictatorships in this respect.
When we find such significant difference in the rates of economic growth between countries under
dictatorship and democracy, it is better to prefer democracy as it has several other positive
outcomes.
9
a) Between 1950 and 2000, which type of government
had higher rate of economic growth?
b) On which factors does economic development depend?
c) Why should we prefer democracy over dictatorship?
9
- Delay in decision-making.