MAN-372OL-WRITTEN ASSIGNMENT 2-

MAN-372OL-WRITTEN ASSIGNMENT 2- - Political and Economical...

Info iconThis preview shows pages 1–4. Sign up to view the full content.

View Full Document Right Arrow Icon
Political and Economical Developments in South Korea and Germany 1 Political and Economical Developments in South Korea and Germany Thomas Edison State College John Doe
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Political and Economical Developments in South Korea and Germany 2 Abstract 1.0 Introduction Economic development is defined in a positive state as the rate of change in a country’s Gross National Product (GNP). Political development is defined as the capacity of a country’s political system to satisfy the changing needs of the members of its society. When a country is in a positive development stage, it usually demonstrates a large change in its economic structures leading from rural economy to industrialization. Such a change in a country is usually possible for a very high wage level with repressive state structures and therefore developed countries are usually characterized as having a strong contrast between a poor and rich society. According to D. N. Asopa (1973), “A developing country obtains above average growth rates, develops the spreading and depth structure of the processing industry up to the production of capital goods and creates purposeful investments into the material and social infrastructure, particularly in training of human capital, and uses riches of the world market and takes full advantage of exporting finished goods” (p. 3). We will discuss in this paper two countries with very developed political and economic structures. 2.0 Political System of South Korea The political system of South Korea is of the republic form of government where the President is the chief of state and the prime minister is the head of government. The power of the government is shared between the executive, judiciary and the legislature. “The executive is headed by the president, the prime Minister and the cabinet which comprises a council of ministers appointed by the president basing on the prime ministers recommendations” (Goedde 2009, p. 2). The President who is the head of state, appoints the prime minister on approval by the national assembly. He does appoint the Deputy Prime Minister basing on the
Background image of page 2
Political and Economical Developments in South Korea and Germany 3 recommendation given to him by the Prime Minister. The president performs the executive functions while the Prime Minister supervises the administrative functions of the ministries. The legislature consist of the national assembly who are 299 members usually elected for a four years term. The judiciary is independent and consist of three courts namely Supreme Court, appeal court and constitutional courts. There are five major political parties in South Korea and twelve key ministries. 2.1 The Political System of Germany
Background image of page 3

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 4
This is the end of the preview. Sign up to access the rest of the document.

Page1 / 8

MAN-372OL-WRITTEN ASSIGNMENT 2- - Political and Economical...

This preview shows document pages 1 - 4. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online