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Democracy is good for Business

This article indicates that there are a number of other economies, such as the United States, the United Kingdom and Japan, that rely on liberty, freedom diplomacy, and respect for the rule of law. The fact that many countries with elections are economically prosperous suggests that democracy is still good for business.
Oh, Rampell, Catherine. Good for businesses: democracy and economic growth. The New York Times, 27 October 2008.
This article also indicates that democracy is good for the industry, and argues against China's rise. Rampell uses data from the past study to show that democracy contributes economic growth.

Badenhausen, Kurt. The Best Countries for Business 2015. Forbes, Dec 16, 2015.

This article provides examples of countries that have provided the best environments for business in 2015. Countries such as Sweden and Norway seem to have stronger democracies, and they have become the best destinations for business. This point proves the thesis that democracy is good for business.

Stroker, Frank. Democracy Rules: Why Business Thrives in Democratic Societies. CIPE, 27 June, 2012.

Stroker (2012) suggests that countries that have become free politically are prospering economically because businesses operate in appropriate environments in those countries. This article also provides reasons why the counterpoint of China is not strong enough to dispute the importance of democracy to businesses across the world.

Repucci, Sarah. Democracy is Good for Business. Freedom House, August 3, 2015.

According to Repucci, stable and transparent governments provide the best environments for business to thrive. Democracy provides such opportunities. The article highlights the top performing countries according to Worldbank. The best countries for business are free and partly free economies.

Works Cited

Badenhausen, Kurt. The Best Countries for Business 2015. Forbes, Dec 16, 2015.

Rampell, Catherine. Good for Business: Democracy and Economic Growth. The New York Times, October 27, 2008.

Repucci, Sarah. Democracy is Good for Business. Freedom House, August 3, 2015.

Smith, Noah. Democracy Is Good for Business. Bloomberg, January 22, 2015.

Stroker, Frank. Democracy Rules: Why Business Thrives in Democratic Societies. CIPE, 27 June, 2012.

July 24, 2021

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