Is There a Relationship between Democracy and GDP

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Taking each region in turn, I have identified two states or countries from each of the eight regions. The first two that I have identified are from Latin America. Brazil seems to have the highest GDP economic rank at $2.422 trillion; however their per capita is only $12, 100. The state of Brazil is a democracy and I do think that has some effect on their economic rank because the state equally allows its people to make their own decisions based on social, cultural and ethical values. Perhaps Brazil’s per capita is so low because in 2008 Brazil encountered two quarters of recession. Unemployment is at a notable low and Brazil’s conventionally high level of income inequity has declined in the last 14 years. Next is the state of Mexico, which also has a very high GDP economic rank at $1.845 trillion. Mexico is also under the form of Federal Republic government and is a democracy, like Brazil. Mexico’s per capita GDP is $15, 600, roughly one-third that of the United States. Again, I believe that there is a relationship with Mexico’s economic rank and with the fact that it is a democracy state because it allows the people of Mexico to participate with the proposal and expansion of laws.
The next region is that of Europe. France is under the form of Republic government and is a democracy but it has its shortcomings. France has an economic GDP rank of $2.276 trillion and $35, 700 per capita. Due to tourism, France has the third largest income in the world. Therefore, I don’t think that France’s economic performance is in relation to the fact that they are democratic. Netherlands’ form of government is constitutional monarchy, which means that a king or queen acts as Head of State. Netherlands is a parliamentary democracy. Their economic...

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Democracy in Netherlands. Tweede Kamer Der Staten-Generaal. 23 May 2014. Retrieved from http://www.houseofrepresentatives.nl/node/132
Gross State Product Current Dollars (per Capita) Statistics - States Compared - State Master. RSS Stats. Rapid Intelligence, 2013. 24 May 2014. Retrieved from http://www.statemaster.com/graph/eco_gdp_percap-product-current-dollars-per-capita
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