Think about your development..pdf
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This document discusses the findings that autocratic regimes can achieve good economic performance if they allow some political rights. It implies that political institutions in authoritarian systems can serve as substitutes for democracy and spur economic growth. Additionally, it is important to identify the specific type of democracy or autocracy being analyzed and control for their unique political institutions, rather than simply comparing regimes. Looking beyond the dichotomy between democracy and non-democracy, various political institutions likely impact economic decisions and growth.
Think about your development..pdf
- 1. Think about your development.
- 2. What key lessons did this session teach you? What new information did you learn? How comfortable are you applying these abilities in a work setting? Can you think of an instance in which you utilized these abilities professionally? How did you perform well? What could you change for the following time? How can you continue to hone this ability? How would you sum up your use of this talent in an We advise taking 15 minutes after each workshop or event to reflect on the following:
- 3. The findings imply that even autocratic regimes can have good economic performance if some political rights are allowed. This is because political institution characteristics frequently reflect a certain degree of political rights. Additionally, it can imply that in an authoritarian system, political institutions serve as a stand-in for democracy and spur economic expansion. In other words, political institutions are a way for autocracies to differ from one another. That supports Przeworski et al. (2000) .'s assertion that there are no appreciable differences in economic growth depending
- 4. Therefore, this preliminary investigation suggests that it is crucial to identify which type of democracy and/or autocracy is considered within the analysis controlling for its specific political institutions to avoid simply comparing the various types of regimes as a single "package" (democracy versus authoritarianism). As Acemoglu (2009) indicates, we must look beyond the dichotomy between democracy and non-democracy to comprehend how various political institutions impact economic decisions and economic progress. Wajid khan discusses that Even if establishing a democratic regime