In this situation, any opinion suggesting that democracy and development are incompatible, must sound controversial as well as confusing.
Unfortunately this is the case. Many influential members of academia, particularly in North America, are strongly suggesting that democracy hampers development. An example is the American Economic Associationâs (AEA) symposium on âDemocracy and Developmentâ held in 1993...
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An example is the American Economic Associationâs (AEA) symposium on âDemocracy and Developmentâ held in 1993. The moderator summarised major opinions of the symposium with a sense of sarcasm: âAcademic fashions often follow the public political mood. In a period when euphoric public commentators have announced âthe end of historyâ in the triumph of capitalistic democracy one sees an increasing number of scholarly studies attempting to show this...