Democracy and Development: Allies or Adversaries? available in Hardcover
- Pub. Date:
- Taylor & Francis
The last decade of this millennium has been witness to the reassertion of democracy yet again, this time transcending all geographical barriers. The collapse of the Soviet Union and its Eastern Block allies has advanced the onward march of democracy like never before. The "democrotization" and "parliamentization" of political order globally has resulted in a revival of the debate on the correlation between political democracy and economic development. Even as many transitional economies are grappling with the new ground realities, societies which had been suppressed for too long are demanding instant positive results, very often threatening the survival and sustenance of democracies there. Elsewhere, several newly industrialized countries have been consolidating their economic progress, though their politics may not conform to the basic tenets of classical democracy. Some of the enduring democracies in the developing world, in the meanwhile, have embarked on economic reforms and structural adjustment programs, discarding their earlier approaches to economic administration.
Is democracy a prerequisite for economic development or do the tenets of western style "good governance" inhibit rapid growth? A high level conference of Commonwealth and other international politicians, officials, and political observers analyzed this pressing global issue at a 1996 conference, which forms the basis of an examination of the problems of democracy and development by a pair of Indian parliamentary experts. This book is not a verbatim report of the conference, but presents the high points of the conference in light of current thinking on the matter.