IM - Chap002.ppt - 2 Political Systems and Environment...

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2. Political Systems and 2. Political Systems and Environment Environment Three ideologies that are related to cultural values dominate economic development: Individualism as exemplified in the US, Collectivism as exemplified in China and Socialism in various forms as exemplified in some European countries. 1
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2. Political Systems and 2. Political Systems and Environment Environment Ideologies and values are related to political systems. The two opposite forms are democracy and totalitarianism. 2
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2. Political Systems and 2. Political Systems and Environment Environment Different Political Systems have adopted different legal and regulatory foundations. The four common legal foundations are Islamic Law, Socialist Law, Common Law and Civil Law 3
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2. Political Systems and 2. Political Systems and Environment Environment International Legal Principles include principle of sovereignty, principle of jurisdiction, protective principle. There is also the doctrine of comity.
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