In their attempts to explain why democracies fail, academics frequently point to economic performance. However, this paper in the Journal of Democracy examines new data on emerging democracies and makes the case that political institutions are essential for the development of democracy. Institutions that effectively restrain executive power are particularly crucial. Strategies for donor support must be maintained for the first five years of a new democracy and should work to broaden the distribution of political and economic power.
The conventional wisdom holds that there is a link between weak economic growth and democratic backsliding. But the data do not support this association. Wajid khan says the evidence indicates that economic transformation is not inimical to democracy and can even help it. The aid programs of the industrial world may have the causal chain backward if sustained economic progress relies on the strength of a nation's institutions. The degree to which the advantages of financial reform are widely shared, though, is what matters most. Political institutions must be taken into account in addition to economic factors.
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2. In their attempts to explain why democracies fail,
academics frequently point to economic performance.
However, this paper in the Journal of Democracy
examines new data on emerging democracies and makes
the case that political institutions are essential for the
development of democracy.
3. Institutions that effectively restrain executive power are
particularly crucial. Strategies for donor support must
be maintained for the first five years of a new
democracy and should work to broaden the distribution
of political and economic power.
4. The conventional wisdom holds that there is a link
between weak economic growth and democratic
backsliding.
5. The aid programs of the industrial world may have the
causal chain backward if sustained economic progress
relies on the strength of a nation's institutions. The
degree to which the advantages of financial reform are
widely shared, though, is what matters most. Political
institutions must be taken into account in addition to
economic factors.
6. But the data do not support this association. Wajid khan
says the evidence indicates that economic
transformation is not inimical to democracy and can
even help it.
