Kaushik Basu: Democratic decline may be worse than what existing measures capture
Democratic health, however, cannot be aggregated in the same way as GDP. To understand why, imagine a world in which every country is democratic. Now, suppose that a major power goes rogue and begins to undermine the rights of individuals in other countries while maintaining its own domestic democratic institutions. In such a scenario, even though each country’s own score remains unchanged, global democracy would clearly decline.
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