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The Next Asian Miracle

Yasheng Huang
Foreign Policy
No. 167 (Jul. - Aug., 2008), pp. 32-40
Stable URL: http://www.jstor.org/stable/25462315
Page Count: 9
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Abstract

Democracies are peaceful, representative-and terrible at boosting an economy. Or at least that's the conventional wisdom in Asia, where for years growth in India's sprawling democracy has been humbled by China's efficient, state-led boom. But India's newfound economic success flips that notion on its head. Could it be that democracy is good for growth after all? If so, China better watch its back.

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