Determinants of the Long-term Economic Performance of an Authoritarian Regime Cover Image

Egy autoriter rezsim hosszú távú gazdasági teljesítményének meghatározói
Determinants of the Long-term Economic Performance of an Authoritarian Regime

Author(s): László Fikó
Subject(s): Politics / Political Sciences, Politics, Economy, National Economy, Government/Political systems
Published by: Partiumi Keresztény Egyetem
Keywords: democracy; autocracy; economic growth;

Summary/Abstract: In this article, I seek to explain how certain authoritarian regimes are able to achieve long-term economic success despite theoretical assumptions suggesting otherwise. The article begins by outlining the mechanisms of transition between autocracy and democracy. It then uses the example of Singapore to illustrate the characteristics of an authoritarian regime capable of delivering outstanding economic performance. In the conclusion, I identify macroeconomic stability, a favorable business environment, and the provision of a relatively broad range of human rights as key factors behind Singapore’s success. At the same time, I emphasize that combining these elements with democracy would enable an even higher level of economic performance.

  • Issue Year: 24/2025
  • Issue No: 2
  • Page Range: 157-168
  • Page Count: 12
  • Language: Hungarian
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