The Democracy Advantage: How Democracies Promote Prosperity and Peace
Author: Morton Halperin, Joseph Siegle and Michael Weinstein
Date: 2010
Size:
266 pages
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Should international actors support the emergence of democracy? This book provides an empirically-grounded analysis of the development track record of poor countries with both democratic and oppressive political systems. It argues that democracy supports development and reduces the likelihood of violent conflict, recommending that democracy be made central to international engagement with the developing world.
Since the Second World War the prevailing view has been that economic development should precede democracy. It is argued that successful democratic governance is reliant upon a broadened middle class. Without this, poor countries remain susceptible to manipulation by elites, promoting fiscal irresponsibility and macro-economic instability. Holding elections in these contexts is likely to have a polarising effect. However, since the late 1970s many poor countries have taken meaningful steeps toward democracy.
This book challenges the prevailing view. It finds that democracy and development are compatible and complementary.
Analysis of 50 years of economic experience points to two consistent patterns. First, democracies grow as fast as dictatorships and do at least as well as dictatorships at avoiding fiscal deficits. Second, democracies typically outperform authoritarian governments on a range of social and economic development indicators. Recommendations for donors include the following:
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Source:
Halperin, M., Siegle, J., and Weinstein, M., 2010 (rev. ed.), 'Making Development Safe for Democracy' in The Democracy Advantage: How Democracies Promote Prosperity and Peace, Routledge, pp. 126-164
Organisation: Routledge, http://www.routledge.com