Friday, November 11, 2005
The Upside of Democracy?
Some time back I had linked to an Economist special report, Democracy's Drawbacks, which talked about how India's democratic process held back reforms from time to time. A reader from Princeton, Bruce Gilley, responds in this week's Economist to that special report.
SIR – You write that India's people have chosen representatives who have questioned dramatic economic reforms. You write that the ruling coalition has had to reconcile those views and that some of the opponents of reform have begun to agree to faster changes as they face the realities of trade-offs. You write that India's economy is growing strongly and its stockmarket is rising. I noted a typo in the headline, which I assume should have been “Democracy's attractions”.
