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POLITICAL ECONOMY

The culture of a nation – the shared values and belief system – impact and form the political system of that nation. The political system or the system of government likewise shapes the economic and legal system of a nation. These systems are not independent. They interact and affect each other. The extent to which the political system of a nation emerges from democratic or authoritarian values will impact the type of economic system.

 

The political economy project illustrates these interactions at the regional and political level. This project is interactive. 

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