Contemporary Society - Economic Growth and Evolution of Political Institutions

Economic Growth and Evolution of Political Institutions

The economic success of authoritarian regimes, mainly in Asia, suggests that (at least in the short term) economic growth is independent from the democratisation of political institutions. However, economic development favours the development of democratic institutions—but only if economic growth leads to substantial changes in cultural and social structures. (R. Inglehart, "La società postmoderna"). The "World Values Survey", which captures political values in 43 countries, shows that no country with a per capita income below the poverty line has democratic or free institutions. Almost the totality of nations with high per capita income are classified as democratic.

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