• For democracies
There are social and economic requisites.
In particular a high level of economic development for stable democracy.
Common characteristics of
family centred societies
◆ The trust ends at the border of the family
◆ Family based companies which are usually small
◆ They have customs to extend the trust beyond the limits of the family
◆ Large co
Mohamed Suharto
1966 ~ 1998 ( 32 year rule )
Living standard rose by more than three times
Mobutu Sese Seko
1965 ~ 1997 ( 32 year rule )
Living standard fell by three times
Paul Wolfowitz
The fight against corruption is a part of the fight
against poverty, not just because corruption is wrong and bad but because it really retards
economic development.
NPM-inspired reforms have
Not linear curve, but non-linear curve
No causal relations between economic growth and democracy
Timing of industrialization
Growing side by side(economic growth, democracy) is extremely scarce case except for developed countries.
Authoritarian systems keep more stable, and economic growth.
The Danish monarchy is the oldest existing monarchy in Europe, and the national flag is the oldest state flag in continuous use. It joined NATO in 1949 and the EEC (now the EU) in 1973. Once the seat of Viking raiders and later a major north European power, Denmark has evolved into a modern, prosperous nation that is participating in the general political and economic integration of Europe.
Introduction
Today’s China
Before we elaborate on our subject, we thought it is important to understand about the present situation of China. Thus, by comparing both China’s current and expected future situation, we’ve divided our sub-directions.
After implementing an open economy, China has been rapidly developing and eventually, they took a pos