The only metric that defines how well economy will work is the the level of corruption. Not political ideology, not access to resources, no innovation etc. there are also situations when you have one factor so good that corruption is becoming kinda useless (gulf arab case). You can be ideologically democratic, authocratic, feminist mysoginist, only as long your administration doesn't steal you'll have good functioning economy

Plausible. How do you minimize it then

>>507445300
Secret police that butchers anyone (Singapore), steal lot of money that it becomes pointless to steal(European powers)