Korea should continue its way (Governmental weight index)

Maynter socials

Korea should continue its way (Governmental weight index)

8.We said in political weight index analysis, the high efficiency of S.Korean government and high growth rates of governmental weight index lead to ideal growth of PW (political weight) index. Then, their government strengthen, as a key factor, lead to make powerful state in comparison to last years. In 2018 S.Korea governmental weight index was equal to 24, which it had 41% growth in compare to 2000. This is obvious that their governmental weight growth rate is higher than of their growth rate in PW index. It’s because of their population growth effect on their political weight index. It seems that in next decade their governmental weight index will has approximately 2% growth for each years.

9.Passing of industrial process in S.Korea, promote of democracy and anti-corruption policy along with fear of regional threats lead to Korea people unity, which these are one of the important reason for continues progress in GW index. The high efficiency of government couldn’t raise from a limited political society and from a society with economic corruptions. Also, Effective political and economic policy was made up present situation along with low unemployment rates.

10.In following we can see GW index components status and their fluctuate in across the time. In last 2 decades, because of S.korea economic policy and promote of democracy they have fantastic growth soft elements of power and their Authority role had decline flow in their governing procedure.

11.The share of CP (concentration of power ) that it’s represent of government authority, had declined flow in all the last years in S.Korea. In 2000 CP share in Governmental weight index structure was equal to 55% and by acceptable decline, it was in 2018 equal to 48% of GW body. By attention to their trend in other components of GW body, this is obvious that the growth of economic component lead to decline flow in use of authority. Although, still in comparison to developed states, they have high CP share in GW body. Maybe this situation raised from their specific relation and challenges with North Korea and so their short age governance.

12.Share of Δt or governance stability index, which this is shown us the governance legitimacy among people, in 2018 was 22% of GW body. Their trend shows it had growth from 10% of GW body to present share. Then, this is obvious that S.Korea government situation in rule of law and use of soft power for society management is very better than in comparison to last years. In fact the high share of Δt in GW structure lead to decrease of economic and security costs for governments.

13.Although B index, as main and economic component of GW index, had growth flow in last 2 decades, but its share in GW even had 1% downfall in its own share in GW body. The B index share was equal to 30% of GW body and in lowest point in last 2 decades was decreased to 25% in 2010. In 2018, their B index share after a continued increase flow reached to 29% of GW body. As we know, B index shown us important economic indicators and welfare status in under review countries. It seems that B index and its share in GW index body in S.Korea that shown us their distance in BPC (budget per capita) with base number on the under review year, if they stay away from China-US trade war, will has increased flow.

MAYNTER

Maysam Araee Daronkola


Maynter socials

Leave a Reply