Difference between revisions of "Essay: High income countries are rarely authoritarian countries in our technological age driven by innovation"
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== High income countries are rarely authoritarian countries == | == High income countries are rarely authoritarian countries == | ||
| − | In 2024, with the exception of [[Saudi Arabia]] and [[United Arab Emirates], which have lots of oil, no authoritarian regime is a high income country (See: [https://worldpopulationreview.com/country-rankings/high-income-countries High income countries in 2024] and [https://en.wikipedia.org/wiki/World_Bank_high-income_economy World Bank high income countries]). | + | In 2024, with the exception of [[Saudi Arabia]] and [[United Arab Emirates]], which have lots of oil, no authoritarian regime is a high income country (See: [https://worldpopulationreview.com/country-rankings/high-income-countries High income countries in 2024] and [https://en.wikipedia.org/wiki/World_Bank_high-income_economy World Bank high income countries]). |
Research indicates that in the long-term, non-authoritarian countries are more likely to experience greater economic growth. See: [https://papers.ssrn.com/sol3/papers.cfm?abstract_id=1010748Time Under Authoritarian Rule and Economic Growth], CORI Working Paper No. 2007-02 | Research indicates that in the long-term, non-authoritarian countries are more likely to experience greater economic growth. See: [https://papers.ssrn.com/sol3/papers.cfm?abstract_id=1010748Time Under Authoritarian Rule and Economic Growth], CORI Working Paper No. 2007-02 | ||
Revision as of 18:20, May 12, 2024
Question: In today's economic environment, are high income countries rarely authoritarian countries?
The answer to this question is an unequivocal yes!
High income countries are rarely authoritarian countries
In 2024, with the exception of Saudi Arabia and United Arab Emirates, which have lots of oil, no authoritarian regime is a high income country (See: High income countries in 2024 and World Bank high income countries).
Research indicates that in the long-term, non-authoritarian countries are more likely to experience greater economic growth. See: Under Authoritarian Rule and Economic Growth, CORI Working Paper No. 2007-02
Article that support the thesis that authoritarian are rarely authoritarian countries:
Authoritarian regimes are less stable which hurts economic growth
There is research indicating that economies disrupted by political turmoil/unrest grow at an average rate 2 percentage points slower than those that are untroubled, with a persistent lag in the growth rate of 1 to 2 percentage points in the succeeding year.[2][3]
The abstract for the 2018 research paper Threats and Political Instability in Authoritarian Regimes: A Dynamic Theoretical Analysis:
{{Cquote|Non-democracies are seen as inherently unstable because of the high frequency of irregular and often-violent leadership turnovers. Our tractable stochastic game model investigates authoritarian stability and instability by portraying a world in which dictators are forced to tolerate threatening lieutenants because they are skillful at overcoming existential threats (shocks) to the regime. This unavoidable choice allows lieutenants to build up their own power bases, planting the seeds of various forms of authoritarian instability, including purges, coups, and civil war. Our model predicts, first and foremost, that changes in the frequency and severity of exogenous threats can have a profound impact on political stability. Contrary to research on the trade off between competence and loyalty, our model shows that when threats to the regime are existential and purges are an option, the dictator will always prefer to employ a competent lieutenant. Also, surprisingly, even with minimal institutional guarantees, we find that authoritarian regimes can be quite stable if the dictator and the lieutenant need each other for their unique skills in the face of major challenges. However, in accordance with the existing literature, credible institutions to ensure the welfare of ousted officials do, indeed, reduce the chance of internal conflict.[4]- ↑ High income countries in 2024
- ↑ Institutions are catalysts for economic development and stability in Africa, The London School of Economics and Political Science website
- ↑ Coups Slow Economic Growth
- ↑ [
