Internal Political Animosity Greatest Impediment Towards Economic Upliftment!

Apart from the economic conditions and theories that affect the economy of a given country, the political and social condition of that country is also very much responsible for its economic state. In fact the internal state of affairs of a country matters the most if it has to make the most of the advantageous economic trends of the global economy. It is very important that the political condition of the country is stable and peaceful, only then can other factors be looked into. However, if there are problems internally and if the political concerns are fighting over petty and individualistic issues, then overall development of that country will remain a far fetched dream.

Interestingly India is one country that is flocked by political countries. Probably no country has as many political parties as India can boost of. Unfortunately the huge bunch of political parties only tosses up further complications and several internal problems in the country rather than doing good. Due to the tussle of the political parties the country and the common man has to suffer the most. India is literally bleeding under the massive weight of a whopping 500 plus political parties. Over and above that in this country a government with absolute majority has not been possible for over a decade now and it is not likely to happen in the near future also. As a result coalition governments are at the helm of affairs. These coalitions are very much helpful as in their presence the party with the maximum majority can’t take whimsical decisions as the other parties are there to oppose such irresponsible actions. Conversely, coalition governments also prove to be an impediment at times as the other parties in the coalition try to fill their stomachs first and then look into the matters of national importance. Sadly enough India would have fared much better if not for the huge bunch of political parties.

Even now due to some of the good policy makers India benefited a lot from the boom in the IT sector. By gaining expertise in the complex technical fields like custom software development and web application development, India earned good name in the overseas market. It has attained such heights that even for things like an ecommerce solution an Indian software company is the most viable option.

One country that suffered immensely due to internal political turbulences and differences is the erstwhile USSR. One of the mightiest, richest and largest countries once upon a time, the USSR has seen such days when its citizens were so short of money that they couldn’t even afford to buy tissue papers. The tussle between the communists and the capitalists led to such dire consequences that the country got broken up into pieces. There was a terrible lack of balance in the political atmosphere of the country. The rule of the capitalists was characterized by the injustices against the common man and the subsequent rise of communism saw the unparliamentary crushing down of the capitalists. The bloody era saw the breakdown of the country and its economic condition started deteriorating from bad to worse to worst. Prior to this, until 1905 the Tsars exercised absolute and undisputable power. There was nobody to oppose them and they used the resources of the country as per their liking and convenience. However, the good thing is that though broken up the country has fought back and regained much of its lost power, splendor, and might and has climbed its way to make an entry into the coveted list of the G-8 countries.