« Will the divergence in growth result in eventual convergence in incomes? | Main | The London Times and Turkey’s coup plot case »

August 05, 2011

TrackBack

TrackBack URL for this entry:
http://www.typepad.com/services/trackback/6a00d8341c891753ef015390763514970b

Listed below are links to weblogs that reference Can you get rich without democracy?:

Comments

RichardHTGreen

There is a movement amongst some parts of Chinese intelligensia (e.g Pan Wei) to adopt Singapore as a model - particularly because of the ethnically Chinese character of the state. There's a huge number of issues adopting it to China though, including size and the lack of an authority figure like Singapore's Lee. Not the least of though is the recent election results in Singapore. The opposition made modest gains, but it's widely interpreted as Singapore moving towards a real democracy and away from a pseudo democracy.

At greater length here if you're interested http://clubtroppo.com.au/2011/07/16/a-new-big-idea-for-china/ . It will be fascinating to watch, even if it takes decades to tell the story.

FLachenaud

What about Hong Kong and Macau ? If you consider them independently from mainland China, I think they would be pretty close to Singapore on the chart even though they are different kinds of "dictatorship". Maybe Hong Kong could be a more suitable model for mainland China than Singapore

tomslee

Is there any chance of getting the complete list of countries on the plot?

Murat Iyigun

Then, there are evidently rich democracies whose institutions are prone to be hijacked by ideological nutjobs who have no qualms about setting those countries on a path of political and economic down-spiral. I am afraid how a rich democracy comes to this is the real question. On a somewhat related note, Larry Summers noted in a NYT article today that “No one is satisfied with the efforts to reduce foreclosures and support the housing market,” But “... the barrier to doing more has not been ideology or any solicitude for the financial sector..." Rock on, dude!!

21tigermike

It's interesting to see which countries are actually developed, by checking the GINI score... per capita is nice, but it doesn't indicate that a country is wealthy, only that some of its citizens are... if you combine GINI with Income per capita, you get a better sense

Curtd

Dani
The question you must follow with, is "once a country has enough of a middle class to develop democracy, how long can that country remain a democracy before Schumpater's problem of public intellectuals converts it back to totalitarianism?"

:)

Zielonygrzyb.wordpress.com

Aside from the excemptions, this is perfectly matching what Amartya Sen has been emphasizing for years. You (as a society) cannot improve economically without some basic rights.

Indeed, I wouldn't wonder if what 21tigermike proposed would change the picture, at least for China.

Dan O'Neill

The graph and post are both somewhat misleading; countries with a Polity score of six or above are democracies, according to Polity's own classification. Nevertheless, the main point is correct (but hardly novel): there is a strong correlation between democracy and development.

RajThamotheram

"Yes if you are an individual, but probably not if you are an entire country." Do rich individuals generally care about others?

www.google.com/accounts/o8/id?id=AItOawlpBDXBuSlAoDOIdRpl7Cj180yaNdVijHc

Depends on the person Raj...
I care about people in general but i`m not rich :)
well maybe not in the money way...
Cheers
Justin @ international call

Donald Trueman

There are actually few "true" democracy's in the world. In my humble opinion.
Joe from
http://shoppingsaver.com.au

Eric Dimick Eastman

Another thing that jumps off that chart is that there are only 2 dots between 0 and 5 exclusive and 7 inclusive. Also who is that dot polity=10,GDP~=$2,000?

D

First of all, a single example proves that it is possible, so the answer is YES.

In addition, there are many reasons industrialization started first in the West, and democracy may not have been a necessary component. Even if you argue that democracy mattered greatly in the process, there may also be a difference between becoming rich, highly developed societies from scratch, and doing the same now.

Lastly, it bears remembering that most of the dots in the top right represent small countries. Population-wise, the balance may look a good lot different.

In the end, this question invariably has to address the difference between India (relatively democratic) and China (pretty autocratic). With every possible advantage, India has severely underperformed its autocratic neighbour for decades. It is difficult to square this with the idea that democracy is a necessary component of developing a country now.

Evren Celik Wiltse

Indeed, socio-economic prosperity establishes a wonderful trigger mechanism for democratization. And affluence is even more important for the SURVIVAL of democratic regimes (see Paul Collier on this)

After the Arab Spring, I too had my eyes on China, waiting for some action there.

But political scientists quickly hailed with bad news:
Apparently, China had developed a wonderfully DELIBERATIVE system of governance! Except that it's not the liberal, Habermasian type that the West would wish for. It's a highly regimented, dare I say, authoritarian form of deliberation channelled through the long tentacles of the Chinese Communist Party.
So there you have it... With 7-8% growth and all that trade surplus, what we get is deliberative authoritarianism, instead of democratic "Springs" in China...

Philip Law

How about taking a millennium view? Was China and other world powers not on top of the world economically for centuries before democracy as a form of government became a reality?

Michael Turner

I am curious as to your thoughts regarding the following:
(1) How is "rich" defined? Is there a distributional component? While the U.S. is conventionally understood as the "richest" country, many citizens cannot be credibly classified as being rich (e.g. 75% of working individuals earn less than $50k US per annum).
(2) Can a democracy sustain wealth and its status as a rich country in the presence of openness to globalization? The temptations of wage arbitrage, skirting costly environmental and labor standards, and the siren song of conditional access (even favored access) to rapidly growing emerging markets is proving irresistible. Any U.S. firm experiencing success in China likely has mortgaged its future for a short term gain. They have provided core technology to a Chinese firm that will transition from a partner to a competitor in China, and then everywhere else.
(3) Can a democracy like the U.S., that has inarguably been coopted by MNCs on trade policy issues, ever align the interests of the working class with the interests of the MNCs. This seems critically important to ensure growth, competitiveness, and productivity gains over time.

Account Deleted

The graph and the message are both somewhat misleading; country with a Polity score of six or more are democracies, as classified by Polity own. However, the main point is correct there is a strong correlation between democracy and development.
Testking JN0-343 || Testking 117-101

Kidneyr

Regards Terrific application. Android apps are usually valuable. Treatment for Urticaria

Best Male Enhancement

Great thoughts. Can't wait to read more of your blogs.

http://bestmaleenhancementpillsreviews.net/

Move

Super. You explain the concept in a very easy to grasp way. I've been having trouble understanding for the longest time Thanks a bunch for the graph too, very useful!

M.

Account Deleted

Very informative review. I really appreciate how ways were laid. Very interesting.

http://truevimaxpillsreviews.com/

Account Deleted

I admire the valuable information you offer in your articles. I will bookmark your blog and have my children check up here often. I am quite sure they will learn lots of new stuff here than anybody else and will be shared to my buddies!
SEO India

Account Deleted

Good stuff, interesting to read the comments. I agree that this question will leave a larger imprint on the world economy. I love the controversy. I'm going to keep coming back here. ryska kvinnor

Account Deleted

those people just lack discipline, same with my country.
They already know that they cant afford to provide for themselves alone but still go have lots of children. -- Billig Ugg Støvler

Lifenzhu

http://bit.ly/ubAjYJ
The first Twitter prototype was used as an internal service for Odeo employees and the full version was introduced publicly on July 15, 2006.[7] In October 2006, Biz Stone, Evan Williams, Dorsey, and other members of Odeo formed Obvious Corporation and acquired Odeo and all of its assets–including Odeo.com and Twitter.com–from the investors and shareholders.[16] Williams fired Glass who was silent about his part in Twitter's startup until 2011.[17] Twitter spun off into its own company in April 2007.

Lena Kong

This is really my very first time here, great looking blog. I discovered so many interesting things inside your blog especially its discussion. http://www.cheapchristianlouboutin-us.com/ cheap christian louboutin

Lily Yago

Your writing skills are really emaculate, I wish I was half as good as you.

http://cheapnikefree2buyr.com
Mulberry factory shop

Account Deleted

it's very interesting. Thanks, this is in every respect what I need to know. I wish you all the best. russische frauen

Account Deleted

Un básico que se ha convertido en el más deseado por mujeres de toreros, celebrities que asisten a los ruedos y amantes de la moda resume generator

orjin krem

Really you have done great job, there are many person searching about that now they will find enough resources by your post. I like this blog manzaralar zayıflamak oyunlar yemek tarifleri

Account Deleted

The graph and the post are both somewhat misleading; manure with a Polity score of six or more are democracies, as classified by Polity own. However, the main peep is domain registration company correct there is a strong correlation between democracy and development.

Vin Ke

He stated what he accomplished in his first bullet point: he developed a plan to introduce sustainable construction activities for a global construction group. how to make leaf pellets mills to burn in stoves

Account Deleted

fix powerpoint

Good Post.It's really helpful & interesting

Sanmaxi Powerpoint Recovery Software Download
http://www.powerpoint-file-repair.com

Vin Ke

we are only talking out spiffs. I can only imagine how much worse it would be if it were pay rates. pellet mill components

Best Male Enhancement

What a great review you got here! I go over your post and the information found is really helpful. Looking forward for your great posts. Thank you!

http://extenzereviewsexposed.com

Account Deleted

Very informative review. I was excited to read along every lines of your discussion. Keep it up! Thank you :)

http://truemaleextrapillsreviews.com

buy-sneaker-online

Great article. Thanks for sharing information with us, this blog is very interesting,Thank you, Enjoy watcing my website. really nice. You should be the Economic Minister. Thanks for writing, this and the New Yorker piece have been very informative, thank you.
Adidas Jeremy Scott
http://www.buy-sneaker-online.com

SellHouseNash

thanks for the good read.

SELL YOUR HOUSE NASHVILLE

Account Deleted

Good stuff, interesting to read the comments. I agree that this question will leave a larger imprint on the world economy. I love the controversy. I'm going to keep coming back here.thesis writing

Vin Ke

vegetable oil mill
Badly laid out cv's or just hard to read (strange font, too cramped etc). whilst not a definite reason to reject it counts if your skills are borderline.

Account Deleted

I am quite sure they will learn lots of new stuff here than anybody else and will be shared to my buddies! ramadan sms sms messages

Account Deleted

Lastly, it bears remembering that most of the dots in the top right represent small countries. Population-wise, the balance may look a good lot different. presentation folders printing ll die cut stickers printing ll vinyl sticker printing

Account Deleted

I agree that this eid greetings inquest evidence parting a larger effect on the ore economy. I love the controversy. I'm going to maintaining appearance back here.

T. Giesen

This article is really useful and have been looking for some information on this topic.
Great job and waiting for your next update. Grosshandel
Sonderposten
You are great with words. I’m sure you worked really hard on this article, and it shows. I agree with a lot of your material. I enjoyed this and I will be back for

more.Good steps have been used in this article. By giving these type of examples we can easily understand what the writter is saying in this article. Grosshandel Adressen

Account Deleted

But “... the barrier to doing more has not been ideology or any solicitude for the financial sector..." Rock on, dude!! sms messagesapnaonlinetv

Dede Diana17

thanks por article "Can you get rich without democracy?" i like this

gambar lucu
on blog berita menarik

Delphia Chu

Cool website buddy I am gona suggest this to all my list of contacts.
http://www.a1-webmarks.org

kinito

I'm quite sure they will learn lots of new stuff here than anybody else and will be shared to my buddies!! maduras - videos porno - travestis

Luke Wright Wright

I collect some good points here. I would like to be appreciative you with the hard work you have made in skill this is great article e urdu point

morkel001

Which leaves China. Will China remain an exception and develop into another Singapore? Or will it go in Tunisia's direction? china outsourcing

D

Your blog make me learn a lot! charmingdate scam

Textildruck Elmshorn

T-Shirt bedrucken lassen said, thx for this good blog,would be great to have more of these in geman..

Oliver Nickels

A great and intresting blog, thanks for DSL Vergleich sharing professional aricles

Oliver Nickels

Thanks for sharing this useful Handy Flatrate Angebote article. A great blog with inspiring Kabel DSL informations in a clear design, well done and greetings

andsonjhon

I appreciate the work of all people who share information with others. Great Blog! I like it very much.
water softeners

andsonjhon

This is an impressive share, It is very helpful to me.really like!Something more to say !
garage door repair phoenix

Jism Singh

Wow, this is pretty interesting. Inspiring, as well. Thanks for sharing such inspiring experience with us. Great blog, congrats.!
san diego human resources

Jism Singh

Excellent and decent post. I found this much informative, as to what I was exactly searching for. Thanks for such post and please keep it up.
cheap apartments in mesa az

Verify your Comment

Previewing your Comment

This is only a preview. Your comment has not yet been posted.

Working...
Your comment could not be posted. Error type:
Your comment has been posted. Post another comment

The letters and numbers you entered did not match the image. Please try again.

As a final step before posting your comment, enter the letters and numbers you see in the image below. This prevents automated programs from posting comments.

Having trouble reading this image? View an alternate.

Working...

Post a comment