Effective democracies tend to allow a broader range of interests to be considered on a regular basis. This leads to more nuanced and moderate policies and reduces the risk that ineffective leaders can stay in power for a long time.
These characteristics encourage more robust and stable economic growth.
In authoritarian systems, economic growth is more likely to be narrowly based on a small section of the population and corruption is likely to be higher.
Few countries with authoritarian systems of government have achieved high levels of growth in the long term.
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