Wednesday, September 14, 2011

Democracy, Dictatorship and Economic Growth

It's a popular notion that dictatorships are more efficient than democracies, and that it is China's political system that explains it's fast growth since 1978. Professor Yasheng Huang from MIT Sloan School of Management challenges that notion, by a series of very interesting comparisons.

Yasheng Huang: Does democracy stifle economic growth?

If you found Yasheng's speech interesting, you may want to listen to Joseph Nye's speech, which places China's economic and political power in a soft power perspective.

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