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2min chapter
Why Nations Fail
Economics Explained
The Relationship Between Democracy and Economic Development
This chapter explores the relationship between democracy and economic development, highlighting the benefits of democracy in fostering industrial growth and government services. It also discusses the differences in decision-making processes between democracies and countries like China, and mentions the Belt and Road Initiative as an example.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode