The Role Of Political Institutions On The Economic Sector Essay

1874 Words 8 Pages
Several analysts of democratic systems asserted two causes behind the relative importance of institutional structures, as opposed to society and social organizations for improving the quality of government (Diamond, 2015; Raipone, 1998). Plattner questions the extent to which political institutions effect the apparent difference between governmental influence in the economic sector. Fukuyama (2001) argues the causes of corruption to be a result of the make-up of public institutions, and that it important to point out the evidence of the behavior of incumbent political officials, in government.
For democracy to prosper within a nation requires governments to be held responsible for wrongdoing against society. In a democracy, free and fair elections are essential to maintain stability within democracy because the process allows society to weed out political elite corrupt the system. Plattner argues that liberal democracy limits popular rule and that the eight dimensions of democratic quality: equality, participation competition vertical accountability and responsiveness all aim to bind the popular will of the people with that of the governmental institutions (Plattner, 2004; 108-109). Moreover, a fair electoral process can only happen when both the interests of political officials and citizens are like one another (Weingast, 1997). This lack of accountability and responsiveness can be readily observed in the Russian Federation, since Vladimir Putin was elected President; as…

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