Student’s Name
Instructor’s Name
Course
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Economic Development
Democratic Countries
A democratic country is a state in which respects the fundamental rights and political rights of its people.
South Africa
Economic growth GDP
South Africa enjoys better infrastructural development in Africa in the past 20 years. The country has established service sector economies which contribute 72% of GDP, such as financial sector, housing and commercial services (21.6 %); public services (18 %); general retail transactions and motor vehicle business, hospitality (15 %); and transportation, luggage compartment and telecommunication (9. %), manufacturing sector 14 % mining sector (8. %) and agricultural sector (3 %).
Corruption index
According to Transparency International South Africa Rank 70 / 180 and it has a score of 40/50
Transparency index
South Africa is recognized for respecting constitutional rights and freedoms. It was considered as an advocate of human rights t. However, the ruling African National Congress (ANC) has been accused of suppressing government institutions to defend fraudulent officials who have multiple corruption allegations.
Index of freedom.
According to Freedom House, South Africa enjoys total score and status 79/100 freedom rights: political civil rights 33/40, Civil liberties 46/60. It’s considered a free country.
Ghana
Economic growth rate
Service industries drive the Ghanaian economy over the past 20 years, and the accounting industry contributes 52 % of the GDP. Information and telecommunication contributes (10 %); Transport (10 %); trade, repairs (7 %) and financial and insurance business; education and social security (5 % each). Also, industry accounts for 25 % of the GDP with mining and quarrying (10 %), the construction industry (8 %), and the manufacturing sector (7 %). The agriculture sector accounts for 39 %.
Corruption index,
According to Transparency International Ghana Rank 80/ 180 and it has a score of 41/100
Prevalent corruption cases in Ghana were found in natural resource mismanagement, compromised judiciary, and rogue police officers.
Transparency index
Human rights and political rights protected by the constitution.
Index of freedom.
According to Freedom House, Ghana enjoys total score and status 82 82/100 freedom rights: political rights 35/40, Civil liberties 47/60. It’s considered a free country.
Norway
Economic growth rate
Norway is advanced developed countries with high income per capita over the last 20 years. The country has abundant natural resources such as gas and oil, fish, and hydropower resources. Norway has developed the shipping industry. Education has been the country’s foreign direct investment earner for it has developed universities, and the hospitality industry is cheap. This has dramatically increased country’s GDP.
Corruption index,
According to Transparency International Norway Rank 7th/ 180 and it has a score of 84/100
Transparency index
The constitution protects all freedom liberties and rights and good governance
Index of freedom.
According to Freedom House Norway enjoys total score and status 100/100 freedom rights: political rights 40/40, Civil liberties 60/60
Autocratic countries
The government in which one individual has unrestrained or unlimited authority and power over others. Leaders dominate absolute power in monarchies.
Saudi Arabia,
Economic growth rate
Saudi Arabia is the economy in the past 20 years has developed from exporting oil to the international market. The growth GDP of the country has been contributed by shipment of oil, which makes nearly 50% of GDP Saudi Arabia has also invested in telecommunications, natural gas exportation and power generations, and petrochemicals.
Corruption index,
According to Transparency International Saudi Arabia Rank 51/ 180 and it has a score of 53/100
Nepotism and scandals in the oil sector are considered forms of corruption.
Transparency index
There have been cases of human rights abuses reported when crown prince Mohammed bin Salman became the leader
Index of freedom.
According to Freedom House, Saudi Arabia enjoys total score and status 7/100 freedom rights: political rights 1/40, Civil liberties 6/60. It’s considered not free.
Malaysia
Economic growth rate
Malaysia has built its economic growth rate in the past 20 years by widening its exports to the international market. The country’s GDP enjoys contributions of services industries accounting sector 55 % of GDP. The manufacturing industry is progressively increasing and accounts for 26% GDP, the mining sector 9%, and the agriculture sector 10%.
Corruption index,
According to Transparency International Malaysia Rank 7th/ 180 and it has a score of 84/100.
There are efforts to end impunity by high profile politicians.
Transparency index.
In Malaysia, Human rights are protected by the constitution.
Index of freedom.
According to Freedom House, Malaysia enjoys total score and status 52/100 freedom rights: political rights 21/40, Civil liberties 31/60. It’s considered to be partly free.
Singapore
Economic growth rate
Singaporean economy has continuously risen in the past 20 years, and this has put the country among the top income per capita when compared to other countries. Singapore’s economy relies significantly on foreign exports of electronics and oil. The country is enjoying foreign direct investment since it has a productive business environment and policies. Educations and agriculture and manufacturing are doing well.
Corruption index,
According to Transparency International Singapore Rank 4th/ 180 and it has a score of 85/100. The police who are perceived to be corrupt their remuneration is being improved.
Transparency index
The constitution ensures human rights are upheld and the confidentiality of whistleblowers.
Index of freedom.
According to Freedom House, Singapore enjoys total score and status 50/100 freedom rights: political rights 19/40, Civil liberties 31/60. It’s considered to be partly free.
References
Todaro, Michael P, and Stephen C. Smith. Economic Development. Boston: Pearson Addison Wesley, 2009. Print
https://tradingeconomics.com/