ReferIndia News Institutions, not tech advances, hold key to economic resilience during democratic backsliding

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Institutions, not tech advances, hold key to economic resilience during democratic backsliding

Published on: Aug. 19, 2025, 6:47 p.m. | Source: Devdiscourse

When democratic safeguards deteriorate, the institutional channels that link governance to prosperity collapse, putting economies at significant risk. Even where innovation ecosystems remain active, they cannot compensate for the loss of institutional integrity. This insight undercuts a common narrative that innovation alone, through technology, start-ups, or research incentives, can sustain growth even in fragile political environments.

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