is democracy bad for growth?

Why did China outperform India? "Shanghai Theory of Economic Growth" Infrastructures Strong government State capitalism and government ownership Democracy is a hindrance to growth It is¬†neither¬†infrastructure (Soviet Union vs China before 1989) nor strong government (Pakistan vs India by 2008) nor state capitalism (success of Korea, Singapore vs failures Burma and DPRK). So why did … Continue reading is democracy bad for growth?