Political and Economical Developments in Asian Systems Essay

Political and economical Developments in Asian Systems - Essay ExampleThe kind of semipolitical system that exists in a land also influence the kind of legal system that is followed in the country for example in china the judiciary follows orders from the state but in America or India judiciary is an independent body run by its own legal framework. Factors that Determine the Level of Economic Growth There are several factors which determine the level of economic growth of a nation such as the 1) Investment Countries such as China and India has seen a robust growth in investiture over the past decade. 2) Human capital India with its large numbers of English speaking promote attracted outsourcing of back office jobs from western countries.3) Trade Barriers Asian countries such as India and china which stayed away from commercialize liberalization for a long time opened their gates for liberal trade since past both decades. 4) FDI and FIIs - Foreign direct investment and Foreig n institutional investors plays an important role as these investment over a period of time results in self generated wealth creation within the country.