Well when we look at rational economic policies take a look at top ~10 in terms of GDP, purchase parity adjusted, per capita:
monaco, liechtenstein, singapore, luxembourg, ireland, macau, qatar, bermuda, norway, switzerland
Monarchy: monaco, liechtenstein, qatar
One party state w/ elections: singapore, macau
direct democracy: switzerland
represented democracy: Norway, Bermuda, Ireland, Luxembourg
Multi-party representative democracy is less than half. And none of the top 3. An interesting, but uncomfortable, fact. The people are not good at picking economically rational leaders in adversarial elections.
One party state w/ elections: singapore, macau
direct democracy: switzerland
represented democracy: Norway, Bermuda, Ireland, Luxembourg
Multi-party representative democracy is less than half. And none of the top 3. An interesting, but uncomfortable, fact. The people are not good at picking economically rational leaders in adversarial elections.