Taking each region in turn, I have identified two states or countries from each of the eight regions. The first two that I have identified are from Latin America. Brazil seems to have the highest GDP economic rank at $2.422 trillion; however their per capita is only $12, 100. The state of Brazil is a democracy and I do think that has some effect on their economic rank because the state equally allows its people to make their own decisions based on social, cultural and ethical values. Perhaps Brazil’s per capita is so low because in 2008 Brazil encountered two quarters of recession. Unemployment is at a notable low and Brazil’s conventionally high level of income inequity has declined in the last 14 years. Next is the state of Mexico, which also has a very high GDP economic rank at $1.845 trillion. Mexico is also under the form of Federal Republic government and is a democracy, like Brazil. Mexico’s per capita GDP is $15, 600, roughly one-third that of the United States. Again, I believe that there is a relationship with Mexico’s economic rank and with the fact that it is a democracy state because it allows the people of Mexico to participate with the proposal and expansion of laws.
The next region is that of Europe. France is under the form of Republic government and is a democracy but it has its shortcomings. France has an economic GDP rank of $2.276 trillion and $35, 700 per capita. Due to tourism, France has the third largest income in the world. Therefore, I don’t think that France’s economic performance is in relation to the fact that they are democratic. Netherlands’ form of government is constitutional monarchy, which means that a king or queen acts as Head of State. Netherlands is a parliamentary democracy. Their economic GDP rank is $696.3 billion while the per capita is $41, 400. Netherlands is the sixth-largest economy in Europe. I believe that democracy substantially helps lead to economic growth.
In regard to Russia and the near abroad, Moldova has a Republic form of government but is not a democracy. Moldova’s total economic GDP rank is $13.25 billion and the per capita is $3, 800. Moldova is one of the poorest countries in Europe. I believe that Moldova’s economic performance is in relation to the fact that they are not a democratic country because, like I stated before, democracy leads to economic growth and since they do not have a democracy, it has lead to poor economic achievement. Ukraine is also under the form of Republic and is not a democracy. However, Ukraine is doing much better in economic rank than Moldova. The GDP for Ukraine is $337.4 billion and the per capita is $7, 400. Perhaps if the people of Moldova and Ukraine were able to vote, instead of representatives voting for them, their economic rank and per capita would rise.
As for the Middle East and North Africa, Egypt is doing quite well for not being a democratic state. Egypt is under the form of Republic and is bringing in an economic GDP rank of $551.4 billion...