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 companies with the involvement of non-family members at high positions
Other factors lead economic growth
1. South Korea's economic development process characteristics
South Korea South Korea tragedy of war, foreign intervention and the ruling class and the difficulties faced 1945 Throughout the 1960s, but the potential development of Korea's indigenous economic development plan since 1962, conducted through the enabling economic growth was. In this period of economic growth led by exports of pri
3. Forecasting
1) Macro Economic Factors
(1) Economic Growth Rate
Such like above chart, GDP will be marked at 5.2% level in 2006, also in 2007 and 2008 will be prospected to keep about 5% level. Exports and imports of goods and services are each 11.8% and 11.1% which increase comparing with that of 2005.
Evaluation of macro factors)
The GDP growth rate in 2006 is 5.2%, the infl
economic aspect. Also, with a 10% of growth rate (annually) they have been actively investing in education and technology to maintain their growth. These efforts have been successfully going on and this is crucial for china’s future development as well. In addition, China is continuously catching up the United States’ economy which is a current hegemonic leader. In political sense, since begi
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.