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What kind of political system is most effective for industrializing a developing country in the modern world?

Reddit r/PoliticalDiscussion·u/Opening_External_911·about 1 month ago
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What kind of political system is most effective for industrializing a developing country in the modern world? I have been thinking about this topic for a while now. People who genuinely care about countries in the Global South and want to see them thrive often hit a wall because the path to modernization is incredibly complex. If a reform-minded leader managed to get into a position of power in a developing nation today, what exactly should their blueprint be? Historically, we have seen vastly different approaches. Does a leader need to consolidate power and force through state-led industrialization, similar to the command economies of the mid-20th century? Or should they rely on free-market capitalism, relying heavily on private finance and foreign investment? Furthermore, how does a modern developing nation handle civilian dissent during the growing pains of rapid industrialization?…

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