Affects of Totalitarianism Essay

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The political system in Indonesia is less of a concern than its stability. Indonesia’s economy has suffered for more than 50 years. Effective economic policies allow economies to accumulate capital and wealth quickly than others. Economic policies such as high rates of investment, little to no barriers on foreign investment, well-developed transportation and communications, lack of government intervention, and an open market with fast changing adjustments are the key variables for a rapid and sustainable economic growth of the Asian economies (Gupta, Wakayama, & Rangan 2012). There have been 5 fastest-growing economies in the last three decades: Singapore, China, South Korea, Hong Kong, and Taiwan. All of them started their economic growth with undemocratic governments. With that being said, is it fair to say that totalitarian governments produce better functioning economies than those that are democratic?! Another reason Indonesia’s economy has failed is because foreign organizations are not interested in doing business with a country dealing with corruption, deprived infrastructure, untrustworthy legal systems, idle economic growth, and high crime rates; combining these problems, along with an increasing unemployment rate, caused an overall decrease in in the value of goods and services produced by the country (Gupta, Wakayama, & Rangan 2012). India’s traditions make it hard for the democratic government to set and enforce strict rules regarding politics. India is a country that prides itself on the institution of family and religion. “Consequently, the majority of Indians traditionally view economic development negatively.” (Theodore, John D. 2011). India’s industrialization is limited, causing corporate businesses to have very little significance in social and economic lives. The political system in India do not allow for the government to have much

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