AN EMPIRICAL INVESTIGATION OF THE RELATIONSHIP BETWEEN POLITICAL SYSTEM AND ECONOMIC GROWTH IN POOR COUNTRIES LIKE PAKISTAN

Autor:	Muhammad Meraj, Ghulam Rasool Lakhan
Rok vydání:	2020
Předmět:	Politics Work (electrical) Dominance (economics) Political system Corporate governance Political science Development economics General Earth and Planetary Sciences Developing country Context (language use) Rivalry General Environmental Science
Zdroj:	Asia Proceedings of Social Sciences. 5:197-201
ISSN:	2663-6638 2663-662X
DOI:	10.31580/apss.v5i2.1111
Popis:	Pakistan is an Islamic republic country where political situation is always on a roller coaster drive. The rivalry for dominance between military establishment and politicians negatively affected the ailing economy. Being a developing country, political institutions are not strong enough to handle a bumpy ride of governance. Politicians as well as the people of Pakistan always look forward towards military in both political and non-political disasters. In this context, we tried to unveil the relationship between the style of governance and development in this paper. Our results indicate that economic growth was much higher in non-democratic governments. Also, it shows the importance of institutional strength for the development of any country because the military is one of the strongest institutions in Pakistan. It is proposed that other sociopolitical institutions must get strength just like our military and work together to achieve sustainable economic growth that is a main ingredient of development for any country.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::8c3e84f3aa9a04f07a1260b4bed40dc7 https://doi.org/10.31580/apss.v5i2.1111 Zobrazit plný text záznamu