Edge of Chaos: Why Democracy Is Failing to Deliver Economic Growth—and How to Fix It

In Edge of Chaos: Why Democracy Is Failing to Deliver Economic Growth—and How to Fix It (2018), Dambisa Moyo argues that democratic governance is hindering economic growth. She posits that the complex and often slow decision-making processes inherent in democracies, coupled with political short-termism, prevent effective long-term economic strategies. Moyo suggests that this democratic structure can lead to economic stagnation and a failure to adapt to global competition, particularly from more centralized economies. The book explores potential reforms to improve the economic outcomes of democratic systems. Moyo, a Zambian economist and writer, has focused much of her work on the economic dynamics between Africa, emerging economies, and established Western societies.1