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User:Conservative/Culture and values (view source)
Revision as of 01:07, November 19, 2024
, 01:07, November 19, 2024→Autocracies and lower economic growth
4. Elon Musk said he is launching a government efficiency agency responsible for cost cutting and Trump promised him this job.
4. Elon Musk said he is launching a government efficiency agency responsible for cost cutting and Trump promised him this job.
== Autocracies and lower economic growth ==
=== Autocracies and lower economic growth ===
Research indicates that in the long-term, non-[[authoritarianism|authoritarian]] countries are more likely to experience greater economic growth (See: [https://www.cato.org/commentary/no-autocracies-dont-make-economies-great No, Autocracies Don’t Make Economies Great], Cato Institute, 2021 and [https://papers.ssrn.com/sol3/papers.cfm?abstract_id=1010748 Time Under Authoritarian Rule and Economic Growth], CORI Working Paper No. 2007-02).
"When you avoid cherry picking and examine the median GDP growth rates for all the countries for which data are available between 1960 and 2018, you find that democracies have the advantage over autocracies. Comparing median growth rates between democracies and autocracies (see the book for the detailed methods of comparison), we found that democracies tend to outperform autocracies overall." - Cato Institute 2021[https://www.cato.org/commentary/no-autocracies-dont-make-economies-great]
"When you avoid cherry picking and examine the median GDP growth rates for all the countries for which data are available between 1960 and 2018, you find that democracies have the advantage over autocracies. Comparing median growth rates between democracies and autocracies (see the book for the detailed methods of comparison), we found that democracies tend to outperform autocracies overall." - Cato Institute 2021[https://www.cato.org/commentary/no-autocracies-dont-make-economies-great]