Political Economy Research Paper

Political Economy of a Nation The majority of political leaders in society have an independent preference of the model of the economy that they would appreciate applying in the country. The primary target of such actions is to enable a smooth run of the multiple activities in their career. On the other hand, such types of the economy would offer assistance in leadership based on the model of interpretation that they have to the chosen type of economy. Additionally, some leaders will strongly prefer the acts of involving the public in the form of administration in the country so as they can be offered another term in office. I highly agree that the robust nature of the Liaises Faire economy can ignite socio-political developments in a nation. …show more content…
Similarly, there are higher chances of the community to offer pieces of advice on the better ways that an individual can execute an activity with limited obstacles. The pieces of information provided by the public 's will give assistance in the development of an area since a larger number of persons have the ability to demonstrate the feelings of certain actions in the community. Additionally, the chapter also offers information on the best way that the leadership of a nation can use in directing leadership mechanisms to the …show more content…
It further involves different activities as limited chances are offered in the demonstration of the ethical roles inspired by human interventions in financial affairs. It further fails to make identifications of the respective scopes and the limits of the positive and the normative inquiries in the society (Mosini, 2011). The practice of the chosen model of economy involved incidents of corruption as the wealthy communities had a superior role in the dictatorship of the activities that would be carried out by the minority publics of the nation. It is however connected to the issues of private benefits at the expense of the public interests and the activities that are to be carried out. The execution of such actions in the community was for the better of the business person, and the other groups would strictly have limited contributions to the demands of these activities. The applications of such political, economic activities in a nation will ignite the chances of cartels to storm into the environment and dictate the majority of business transactions that are being carried out in the economy. It also has a high chance of possibilities based on the issue of limited interventions from the government on various activities that are to be carried out in the