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1. Democracy tends to be measured by citizenship participation, electoral competition and civil liberties.
2. The Philippines still struggles to achieve socio-political stability and sustainable economic growth.
3. "while economic development often precipitates democracy, democracy does not automatically lead to economic development.
4. Democracy accompanied by liberalized markets provide the engine for growth.
Decentralization of political power and market liberalization contribute to producer confidence, initiative, investment, and growth.
Domestic stability that attracts capital and stimulates growth.
Nations that have been able to create political stability have been able to grow much fasterSocio-political stability and economic growth are further linked through democracy's emphasis on the provision of literacy, education, and communication. (Human capital development)
Democracies resolve social conflict through non-violent political solutions; therefore, democratic regimes tend to be more
6. Democratic regime versus Authoritarian
Democratic - more politically resilient
Authoritarian - stability is often short lived and violently managed
7. Socio – Political Stability directly affects economic growth through influencing the countries investments appeal
8. Political culture – any interpersonally shared system of meanings, perceptions and values that express and shape political actions and intentions
9. "Shared Values" in which core values were identified as: 1. nation before community and society above self;2. upholding the family as the basic building bloc of society;3. regard and community support for the individual3. resolving major issues through consensus rather than contention; 4. religious and racial tolerance and harmony.
10. Good Governance
•Meritocracy – in recruiting civil servants based on merit
•Emphasis on good governance and transparency
•Peoples participation and empowerment
•Respect to civil and human rights
•Health check and balances
Thank you!
Thank you!