Regional Politics (Africa, Middle East or East Asia) Essay - 1

Regional Politics (Africa, Middle East or East Asia) - Essay Example Culture is defined as a people’s way of thinking, behaving and handling different situations both common and common, all of which influences the ability of people within a country to accept different situations created by democracy. Democratic institutions are governmental and nongovernmental units created to operate with complete autonomy to deliver different needs to the people. Institutions in a country include the judiciary, the police services, the armed forces, aid organisations and other units created for the wellbeing of the society. In this paper, I will highlight how the development of democratic and dependent institutions of a country is influenced by cultural maturity. The different cultural environments within a number of countries in the middle east, Africa and other developing economies will be compared with the cultural environments found in first world countries (Hadenius & Teorell, 2005). Cultural maturity and progress differ in different countries and this h as enabled some regions to develop as compared to others for example the socialist Asia and former soviet and the capitalist west. The level of democratization of institution in these countries differs and this has been attributed to the way of life found among the different countries. Culture is a multifaceted domain that cannot be highlighted as a block in trying to determine its impacts of democratization of different institutions in different countries. According to Tabellini (2005), culture’s casual effect results from its ability to affect development in a country endogenously. This measure of impacts on economic development is similar to the impacts it can produce on the democratization of institutions and organs of a country’s governance system (Tabellini, 2005). A number of questions have however arose about these differences and authors have attempted to explain why this is not the case in African and other countries in the Middle East. The United Kingdom and the United States experienced political transformation in the early 18th to 20th century, a fact that is attributed to the development of these countries into republic and democratic countries. With the French revolution leading to the abolition of the monarch system, the French cultural practices changed with the embracement of democratic governance. This affected other institutions in the country that led to significant independence and democratization of these arms of government (Ichino, Bornhorst, Schlag & Winter, 2004). In contrast, the independence and democratization of institutions in china and other Asian and African countries has remained significantly below pace. This can be explained to the prevalent government control, coercion, intimidation and interference in the operations of these institutions. When the French revolution led to the replacement of the monarch system with a more democratic governance system, the continuous revolts in china led to the replacement of o ne monarch with the other. The monarchs were operated from one ideological principle that had no variation from the previous regimes, a process that further weakens the democratization process of the countries (Diermeier & Krehbiel, 2003). The African situation is fluid as compared to other

International Country study of Germany Essay Example | Topics and Well Written Essays - 3000 words

International Country study of Germany - Essay Example There are certain exceptions, like the specific sectors of agriculture and coal mining, which are regulated and specially subsidized. The gross domestic product of Germany (purchasing power parity) in 2008 was $2.863 trillion (CIA, World Factbook, 2009), with the official currency being the euro. In order to seriously comprehend the economic framework within which Germany functions, it is imperative to be cognizant of the basic features and structural facets of the banking and the financial system of Germany. The banking network in the country of Germany comprises of different private and public credit institutions (Banks and Banking, n.d.). Though the types of activities that are allowed to each variety of the credit institutions are not bounded, yet specific distinctions in the characteristic range of bank customers or transactions do prominently exist (Baums and Gruson, 1993, p.4). The variegated credit institutions in Germany are – (1) commercial banks that come under the private sector (private Geschaftsbanken); (2) banks that exclusively deal in savings (Sparkssen) and related credit operations with their central institutions (Landesbanken und Girozentralen); and, (3) the agricultural and the industrial credit co-operatives (Raiffeiseibanken and Volksbanken), th e regional institutions of these banks (Genossenschaftliche Zentralbanken), and their strong central institution (Deustche Genossenschaftsbank ) (Baums and Gruson, 1993, p.4). The savings banks which had previously solely focused on the amount of savings deposits and the long term loans, have diversified their activities a more prolific manner, and with their central institutions which is the regional Landesbank, are functional in spheres of lending in large scale, financing in the industrial sector, and mobilizing capital in the securities business. With a parallel context, the club of commercial banks has penetrated the field of