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How government political system and economy influence each other?
There are many countries in a world, and each country has its specific government system, also different government systems leads to diverse economic results. Otherwise, the economic output shapes the certain government system as well. As a consequence, government system interacts with economic results, and vise versa. Such as the relationship between centrally controlled political system or decentralized political system and economic income. Next, more details information will be given and bring a discussion about how they influence each other.
Through searching on the internet, political system is “a system of politics and government. It is usually compared to the legal system, economic system, cultural system, and other social systems. However, this is a very simplified view of a much more complex system of categories involving the views: who should have authority, how religious questions should be handled, and what the government’s influence on its people and economy should be.” (Almond, 2011) Different countries from all over the world owe their own specific political system and economic results. For example, China’s remarkable economic success rests on reforming political government system foundation. In article “Federalism, Chinese Style: The Political Basis for Economic Success in China”, it referred that the government political reform provides significant degree of available commitment to markets and lead to the successful economy in China. What’s more, a special type of institutionalized or organized decentralized is reflected by this reform, and author call “federalism, Chinese style.” In addition, Montinola who is the author of this article claimed there are three consequences: at first, it helps to promote competition, not only just in product markets, but also among labour and foreign capital of local governments. And without any doubt, the competition also lead new forms of
There are many countries in a world, and each country has its specific government system, also different government systems leads to diverse economic results. Otherwise, the economic output shapes the certain government system as well. As a consequence, government system interacts with economic results, and vise versa. Such as the relationship between centrally controlled political system or decentralized political system and economic income. Next, more details information will be given and bring a discussion about how they influence each other.
Through searching on the internet, political system is “a system of politics and government. It is usually compared to the legal system, economic system, cultural system, and other social systems. However, this is a very simplified view of a much more complex system of categories involving the views: who should have authority, how religious questions should be handled, and what the government’s influence on its people and economy should be.” (Almond, 2011) Different countries from all over the world owe their own specific political system and economic results. For example, China’s remarkable economic success rests on reforming political government system foundation. In article “Federalism, Chinese Style: The Political Basis for Economic Success in China”, it referred that the government political reform provides significant degree of available commitment to markets and lead to the successful economy in China. What’s more, a special type of institutionalized or organized decentralized is reflected by this reform, and author call “federalism, Chinese style.” In addition, Montinola who is the author of this article claimed there are three consequences: at first, it helps to promote competition, not only just in product markets, but also among labour and foreign capital of local governments. And without any doubt, the competition also lead new forms of