1. A democratic political system is an essential condition for sustained economic progress?
LOW WEN LING
LOW PUI WAH
TAN KAR HEIM
LIM PEK CHEE
CHARLES ROY BENNY ANAK SEMILAN

2. Introduction What is democratic political system?
Citizen directly involved in decision making
A research stated: 4 element in democratic
Free and fair election
Active participation of citizen in country
Human right protected
Rule of laws
Autocratic / Totalitarianism
Form of government which one person or political party.
Absolute control all over the human in the country.
Is a total dictatorship.

3. Democracy - CAPITALIST
Interrelated
private sectors are allowed to own assets and this right of ownership provides a POWERFUL INCENTIVES for people to work hard and innovate products
KOREA (autocratic to democratic)
U.S (grew rapidly over two centuries)

4. WHY DEMOCRATIC POLITICAL SYSTEM ?
More innovations
Opening up economy
Transparency of economy
For long term success

5. Aung San Suu Kyi A Burmese opposition politician,
Chairperson of the National League for Democracy (NLD) 

6. Bernie Sanders American politician, U.S. Senator from Vermont,
Candidate of U.S. presidential election.

7. Why Democracy? Protection Of The Rights - Human Rights. - Civil Rights
-Voting Rights
Freedoms Of Individuals
Fair Chance
Anti-unfavorable right.

8. Cost of living
Malaysia Myanmar

10. “Democratisation and Growth” by Elias Papaioannou and Gregorios
- "within-country" growth effects
- compare economic outcomes before and after the enactment of democratic reforms
- examining annual real per-capita GDP
- shifting - resulted in 1 percent annual increase in GDP
unclear - democratic reform solely responsible for economic growth?
economic growth may be correlated with democratic reform, the direction of the causation remains a question.

11. Non-democratic systems that provided strong economies
China, a totalitarian state, has been much more successful at promoting economic growth than India, a democracy.
Nazi Germany and Fascist Italy, two countries that managed to rapidly spring their countries out of the depression while most democracies continued to suffer for another decade.

12. Connection between political system & economic development
it’s not the nature of a country’s political system that determines the course of its economic development - the intelligence of the policies implemented

13. 26 years of autocratic ascend poverty to prosperity
korea
26 years of autocratic ascend poverty to prosperity
Spawning the idea of autocratic were good for development - up to a point!

14. “The gem without luster called democracy was meaningless to people suffering from starvation and despair” –Park Chung Hee
Democracy couldn’t function before a higher level of development achieved

15. Correlation does not imply causation
Democracy not necessarily lead to growth
South Korea(1980) – began democratic but the better institution developed due to dictators’ policy choices

16. Widespread of human rights on elections economic - hyperinflation
Democracy in Zimbabwe
Democracy is not all “Sweet Child O’ Mine” to every country to apply…..
Zimbabwe – started democratic governance in and having failure since then
Widespread of human rights on elections
economic - hyperinflation