fta: The China Model has some key advantages, one of which is its decision-making processes. In this aspect, the difference between China and India is quite obvious. China is strong in building infrastructure facilities: large airports, high-speed railways, bridges and dams because the centralized government structure makes it faster to implement these projects. India, a country in the tropical zone, has abundant precipitation. However its hydropower infrastructure is nowhere close to China. Why? Because India is a law-based democratic government. When China was building the Three Gorges Dam, there was a lot of opposition and criticism. But the government built the dam by its own will. By contrast, years ago, Tata Auto wanted to build a vehicle company in west Bangalore. There were strikes, protests and even lawsuits by trade unions and peasant organizations. The idea finally yielded to strong political opposition. The US democratic system cannot solve the following big problems. First, there is no culture of “talent first.” Anyone who is elected can rule the country. This has become too costly and unaffordable even for a country like the US. Second, the welfare package can only go up, not down. Therefore it is impossible to launch such reforms as China did in its banking sector and state-owned enterprises. Thirdly, it is getting harder and harder to build social consensus within democratic countries. In the past, the winning party with 51% of votes could unite the whole society in the developed countries. Today American society is deeply divided and polarized. The losing party, instead of conceding defeat, continues to obstruct. Fourth, there is an issue of simple-minded populism which means that little consideration can be given to the long-term interest of a nation and society. Even countries like the US are running this risk. digitalnpq.org/archive/2011_fall/13_fukuyamaweiwei.html
Posted on: Mon, 05 Jan 2015 00:10:24 +0000
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