Some Argue That a Democratic Political System Is Conductive for Economic Growth. How Does the Experience of Recent Chinese Economic Development Support or Refute This Statement?

China – a communist country where until today, the web content is monitored, the freedom of speech and ideas of individual is not unto maximize and so on, but has able to gain the position of world manufacture hub today and has one of the highest GDP growth compare to USA and such.

China from 2000’s until 2012 has grown in GDP per capita PPP as much as 200% compare to USA where it is only 34% approximately. This is astonishingly impressive for a country. Refer to graph content below,

Country / Year 2001 2012 Changes increase %

USA 35000 47000 12000 34.29

CHINA 2400 7600 5200 216.67

data collect source: www.tradingeconomics.com

On the other hand, where the world is today – currently, China as an individual SME’s and MNC’s doesn’t really speak the same way, China companies from 2001 until 2011 does not have a international recognized top brands. Refer to the graph,

(GRAPH HERE)

From the past decade, we can see that USA/North America companies holds the title despite these slow economic growth.

What these two points speaks is completely both sides to a coin. With the Government in power and instructs the mass, the order is followed, things gets done the way they wanted, but China without democracy lacks individual entrepreneurs, innovative makers – no new idea’s have been form. We must digest the fact that China has come to business table bringing most of the time if not always – low cost manufacturing facility. This will not be sufficient soon enough.

Today, China - is flourishing with the grace from the recent past but if it does want sustainability in both Politic and Economic growth, the needs to bring out the best in each individual in order to drive country further will require a different sets of politic governing than present.