Sure, China's economy seems to be thriving while the economies of democracies like the US and Japan seem stuck. But William Easterly, professor of economics at NYU, argues that, in the long run, economic growth can not be sustained in authoritarian countries. Here is Easterly, speaking at the Carnegie Council:
That is an excerpt from a larger discussion about moral integrity and ethics in business and government. Watch the full conversation here, and read a transcript here.
Posted
10-06-2011 8:26 AM
by
Graham Griffith
Filed under: Japan, GDP, growth, China, Carnegie Council, Global economic, William Easterly, US, ethics, business ethics, democracies, authoritarian regimes, long term growth, moral integrity