Democracy, "efficient" authoritarianism and economic growth: the Asian challenge and the European crisis

Democracy, "efficient" authoritarianism and economic growth: the Asian challenge and the European crisis
Contrasting the painful crisis that is hitting Southern Europe is the spectacular growth of East Asia and the “enlightened” authoritarianism of regimes like that ruling China. These examples pose a global challenge to modern mass democracies, because of the seeming greater effectiveness with which they manage to implement policies requiring a long time horizon, low permeability to populist pressures and relative independence from contingent interests.
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