POSC 182 Lecture 15 2010

POSC 182 Lecture 15 2010 - POSC 182: Politics and Economic...

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POSC 182: Politics and Economic Policy Unit 2: Political Regimes and Economic Systems Lecture 15: Democracy vs. Authoritarianism February 8, 2010
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Political and Economic Regimes Laissez Faire Economy Authoritarian Democratic Singapore Authoritarian Capitalist HDI Rank #23 Life Expectancy: Rank #13 (80.2 yrs) GDP per Capita PPP: $49,704 Command Economy USA Democratic Capitalist HDI Rank #13 Life Expectancy: Rank #27 (79.1 yrs) GDP per Capita PPP: $45,592 North Korea Communist HDI Rank: n/a Life Expectancy: Rank #115 (67 yrs) Norway Socialist HDI Rank #1 Life Expectancy: Rank #12 (80.5 yrs) GDP per Capita PPP: $53,433
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Democracy vs. Development? Does democracy help or hinder economic performance? Should a government focus on development first before granting political freedoms? Does this tradeoff between political freedoms and economic development exist?
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The Case for Dictatorship/Authoritarianism Argument was that authoritarianism would Bring order and discipline to the masses Leaders accountable to the masses would not make the hard choices needed to develop They would divert money to consumption instead of investment to stay elected Democracy was a luxury for rich countries Political participation should be held down temporarily to foster economic development
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POSC 182 Lecture 15 2010 - POSC 182: Politics and Economic...

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