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Growth Without Democracy: Has ChinaChina’s Time of Rapid Growth Come to an End?

In: Fault Lines After COVID-19

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  • Thráinn Eggertsson

    (University of Iceland)

Abstract

Chinese President Xi thinks he has found a substitute for democracy in digital dictatorship. He believes that digital surveillance and enforcement can replace free civic society organizations that build civic virtue, trust, and cooperation in democratic societies but also constrain the state and protect democracy. Mr. Xi is in the early stages of a monumental experiment (of which the Chinese social credit system is an example) to build cyber citizenship and sophisticated central direction of entrepreneurship. His aim is to make China the leader of modern technology. But the facts point to a steady downward trend in productivity growth, unfavourable demographic developments, and an unfavourable comparison to South Korea and Taiwan at similar stages of development.

Suggested Citation

  • Thráinn Eggertsson, 2023. "Growth Without Democracy: Has ChinaChina’s Time of Rapid Growth Come to an End?," Springer Books, in: Robert Z. Aliber & Már Gudmundsson & Gylfi Zoega (ed.), Fault Lines After COVID-19, pages 81-95, Springer.
    • Handle: RePEc:spr:sprchp:978-3-031-26482-5_5
    DOI: 10.1007/978-3-031-26482-5_5
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