COMMENTARY: Efficiency or resilience? Democracies can only pick one ↧ ↧ COMMENTARY: Efficiency or resilience? Democracies can only pick one Efficiency has long been the prime objective of business and government policy. But the pandemic, trade wars and armed conflicts have called this into question, stressing the importance of resilience. Yet this too comes with a cost, and it’s one many elected leaders aren’t eager to pay.