Democracy as Liability

The SejmDemocracy, in the form of a popularly elected legislature, can be a potential liability on economic performance. Relations between the executive and legislative branches of government are prone to be confrontational in a nascent democracy, being not inducive to a disciplined implementation of a technical plan for an economic transition to a market economy. The experience of the Republic of Poland from 1989 onwards illustrates well the difficulties that democracy poses.


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