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...and? Before Japan it was Hong Kong and South Korea making the crap, before that someone else. South Korea was authoritarian and autocratic, whilst its econom
by oldcynic 8y ago
...and? Before Japan it was Hong Kong and South Korea making the crap, before that someone else. South Korea was authoritarian and autocratic, whilst its economy grew at breakneck pace starting in the 60s, and remained so until the late 90s. Japan had democracy thrust upon it rather earlier for well known reasons.
They all seem to take a markedly similar approach to development catch-up, namely a heavy emphasis on education and steadily moving from cheap and inferior copies to local innovation and quality. China is well along that route.
Authoritarianism doesn't rule out development, neither does democracy.