Economic and Political Development - Research Proposal Example

Economic and political development Introduction The study into economic and political development prepares the participant for international development through an interdisciplinary approach that gives them a better emancipation into the global influences of economic, political and social changes in the developing world. In view of the economic and political inter-relations, very few people question the idea that economic and political developments have any functional relation within the industrialized societies. For instance, renewed political growth often follows through increased economic stability (Blakely and Nancey 67). Similarly, renewed economic growth stimulates political stability accordingly. Thus, it seems clear and defined that the economic development generates political development and vice versa within the development context of industrialized countries. However, for all studies into the subject of relations in economic and political development, they lack the objective evidence necessary to resolve this argument, and describe the subject accordingly (Rivero 17). Thus, this desertion pursues a cross-cultural study in three different third world countries, to evaluate the economic and political development through structured study and present evidence into the subject. Thus, the evaluable contexts in the study incorporate the countries of Chile, Peru and Bolivia, all which are neighbours. They all present a multi perspective of the subject; hence, the selection for the study. Hypothesis As the population continues to increase and voter turnouts remain constantly low, then the question arises into the subject of the realistic aspect in a capitalistic democratic government ability to maintain economic stability and development. Consequently, as the costs of political influence increase, the evidence within the firm level and economic aspects in the developing countries also begins to show. Thus, from these consequential effect statements, the question of the interleaved aspects of economic and political development in developing countries continues to raise simulating debates, which seem to have no end (Rivero 69). Thus, this research proposal will seek to evaluate and present evidence into the relations between the economic and political development as they influence each other from a developing countries perspective. Thus, the hypothesis for the research entails that, both economic and political development present vast evidence of aspects of interrelations, which cause them inseparable in determining and fostering a countries development process and achievements. Justification of the proposal It is evident that the government sets the policies in aspects of trade regarding the country in question. The government in this context represents the political aspects in the development agenda, combined with the factors of the opposition political entity in the country. Thus, from this understanding, the government influences the economic development through four notable key areas among many others. The content areas as government influences in the economic factors include, taxes, import restrictions, wholesale interest rates and government spending (Pascual & Jonathan 18). These will form a significant area for evidence gathering in the proposed study. Similarly, the economic viability of the country influences the outcome of the political developments accordingly. The elemental aspects of economic actors as influence political development include the availability and distribution of the natural resources, the economic stability in funding the political operations and economic stability of the citizens to facilitate their consensual decision-making processes in politics. Thus, from these notable findings, it is evident there is a significant co-relation between the economic and political development. Therefore, it is essential to fund this proposal to foster the establishment of concrete evidence from successful research process over the extent of the interrelation of the subject in discussion. Moreover, the countries as selected that are Chile, Peru and Bolivia present a viable study element for the context of the research proposal. The countries are neighbours, reducing the extensive costs, which would incorporate transport charges for the study as proposed. Further, the countries present a varied trend in the context of understanding the relations in economic and political development. Thus, these varieties, depicting the countries as contextually selected entities for the proposed study facilitate the need for this proposal. With the establishment of the continuing crisis within the developing countries on economic stability and political growth, factors of democracy and trade continue to remain the focal subjects for the establishment of development in both sectors (Pascual & Jonathan 43). Thus, the study seeks to explore evidence of the relations in the economic and political development factors, facilitating a comprehensive emancipation into the continuum of the proposal for future reference. Therefore, in view of these establishments, the proposed study remains viable and cortically significant in facilitating the future developments in the developing worlds, as it is a conceptual subject for many countries both in the developed and third world development levels. Objectives The core focus of the proposal will entail the evaluation of various parameters leading to the eventual realization of the thesis of the proposed research. The evaluation process will entail a structured research process for the success of the proposal. The objectives include the study into the ways the political aspects influence the economy of the entities in the study. Moreover, the study as proposed will seeks to establish the ways in which the economic trends and economic considerations within the country determine the political structures and trends in the country (Pascual & Jonathan 78). Additionally, the consequential evaluation of the entire process will seek to create a report on the findings with recommendations on the findings. Thus, allowing the research as proposed will instigate the determination of evidences necessary for the decision-making processes of the developing countries. Further, the research as proposed will feature additional elements of incorporating evaluation of the inter-relations between the two subjects and comparison of their reliance and inter-reliance on each other in influencing the development in the country settings. Background information Chile as a country suffers numerous aspects of natural calamities including earthquakes, active volcanism and tsunamis. Moreover, there are environmental issues such as deforestation and mining effects that influence the establishment of the economic aspects of the country. Moreover, the issues in effect also incorporate the increased political instability that the country suffered in the past years since her independence (Nevins 34). The increased political unrests in the country within the past two decades as encompassed the country facilitate a substantial and effective study prospect for the proposed research. Further, the country is currently taking initiatives to incorporate economic development and growth to the establishment of the country as a developed country. Thus, in view of these establishments, it is notable that Chile is a prospective and essential facilitator for proposed study. Similarly, Peru as a participant entity in the study as proposed also facilitates an elemental view into the topic. The economic and political developments in the Peru present a dynamic trend that is opposite the developments in Chile. The country initially experienced increased and incredible peace, political and economic stability. However, with recent effects in the world economic fluctuations, the country suffered remarkable political instability affecting the developments of the country accordingly. Further, the country is now settling into a context of facilitating development (Solimano 112). Therefore, in view of these recent experiences and happenings in the country, Peru remains a suitable entity for study in this proposed research towards the development of the subject. Further, Bolivia will form the last study entity for the purpose of comparison. Bolivia also neighbours Chile and Peru, all being Latin American countries. However, the development history of Bolivia remains remarkably distinct from that of Chile and Peru (Wiarda & Harvey 134) Therefore, observing from these contexts, Bolivia presents a positive trend in development in both the economic and political platforms. Therefore, these as contextual factors of consideration in the study, Bolivia are a viable participant for the study as proposed. The country presents an economic and political inter-relation trend that allowed for active participation and incorporation of both platforms to ensure the successful development f the country. Today, Bolivia enjoys near first world development status, in both economic and political stability. Thus, its inclusion in the research proposal is to facilitate the achievement of the objectives of the study as they affect the development of the countries. Therefore, in view of the selected participating countries in the proposed study, the proposal entails a successful engagement of the study approach towards establishing the objectives of the proposed research. In recent establishments, the political analysts present varied approaches to the determination of the influence of the two variables the economic and political aspects in the development procedure of the countries. The process of the various studies in the past indicates the possibility and existence of influence between the two entities. However, the evidences of how the variables affect one another are not available. Thus, this proposed research project will facilitate the establishment of these factors as they affect the subject in study. The economic and political developments in a country are a key determinant to the power rankings of the country. Further, the established findings indicate that evidential relations of successful correlation between political and economic structures in the country foster success in development. Thus, from these initial findings, the proposed study will develop and pursue its core objectives to the success of the proposal. Methodology The methodology to apply in approaching the research process entails a qualitative research. The procedure and criteria for selecting the research method entails the procedures of successfully evaluating the hypothesis of the proposal through successful evaluation of literature and other data sources for the success of the study. Qualitative research entails evaluating the context of the subject in study from the features of its measurable data for the conclusion of the research (Walliman 34). The qualitative approach will also facilitate the procedures of describing and understanding the ideas, values and intangibles of the subject as relates to the study. Thus, this proposal adopts the qualitative approach to the success of its objectives. The research methods to apply in gathering the data for the study include firstly the review of relevant literature on the subject of interest. The literature review will focus on establishing findings from previous economic reports of the participating countries, which will facilitate the data on the economic trends and the various factors that contributed from the political perspectives into the development of such issues. Further, in reviewing literature on the political aspects, it will help establish finings for the study objectives. Further, the research proposed will utilize qualitative data gathering procedures for the success of the research. Such include the use of questionnaires and interviews as data gathering techniques (Singh & Ruchika 90). The procedural evaluation of the various elements will facilitate the research proposed to the completion. The interviews will facilitate the incorporation of various people and organizations regarding the developments in the economic and political systems of the countries in consideration. Administering questionnaires will facilitate successful gathering of significant data structures to facilitate the study to its completion. Thus, from the procedural elements incorporated in the research proposal, these as data gathering techniques will formulate the backbone for the success of the proposed study towards its completion (Woodside, 64). The proposed study will essentially incorporate these key data gathering techniques to ensure successful evaluation of the research topic. In the data analysis procedures, after gathering the data, there will be procedural subjection to testing for aspects of reliability, accuracy and viability to the success of the research objectives (Zar 84). The measures will incorporate substantive review of the data as established in the course of the research. Thus, these measures will significantly facilitate the authenticity of the report findings. In the result presentation and discussion, the elemental factors will incorporate review of the relevant literature and analysis of the data gathered from multi-specialty incorporation of specialists on the various fields of economy and political science. Thus, through these procedures, the study will achieve its essential objective of the proposed research. The report produced from the findings will facilitate the achievement of the objective and hypothesis of the study as proposed. The technical research aspect incorporates the time plan for the proposal. The proposed study will require a systemic time schedule for the completion of the processes required to establish the report and present finings. The proposal after approval will require about four weeks to prepare due to the involvement of parameters of diversity as it incorporates conducting a research through three different countries. Factors of travel plans and incorporation of barriers to the study such as language diversity among others will be featured. Further, this preparation period will also allow for acquiring of the relevant literature material and acquisition of authorization to conduct the study from the various concerned bodies. Thus, through this period, the preparation for the study will be complete (Woodside 156). The following three weeks will facilitate the process of data gathering; hence, the actual study. This factor in procession will facilitate a week to engage the data sources in each of the countries participating in the study. The data discussion and evaluation of information, as well as, production of report, will consume three weeks. Thus, the entire proposed research process will take about 10 weeks. Thus, this study is viable and realistic. Conclusion The proposed study will factor in all elements of the research process. Therefore, the request for the grant incorporates the elements key to the subject. The thesis and objectives of the study feature the various considerations for the economic and political factors from a case study of the participant countries as proposed n the study. The grant proposal is elemental to the course of the research subject. Works cited Blakely, Edward J, and Nancey G. Leigh. Planning Local Economic Development: Theory and Practice. London: SAGE, 2009. Print. Nevins, Albert J. Away to the Lands of the Andes: Columbia, Ecuador, Peru, Bolivia, Chile. New York: Dodd, Mead, 2006. Print. Pascual, Carlos, and Jonathan Elkind. Energy Security: Economics, Politics, Strategies, and Implications. Washington, D.C: Brookings Institution Press, 2010. Print. Rivero, B O. The Myth of Development: Non-viable Economies and the Crisis of Civilization. London: Zed Books, 2010. Print. Singh, Y K, and Ruchika Nath. Research Methodology. New Delhi: A. P. H. Publishing Corporation, 2010. Print. Solimano, A. Political Crises, Social Conflict and Economic Development: The Political Economy of the Andean Region. Cheltenham: Edward Elgar Pub, 2005. Internet resource. Wiarda, Howard J, and Harvey F. Kline. Latin American Politics and Development. New York: Perseus Books Group, 2010. Internet resource. Walliman, Nicholas S. R. Research Methods: The Basics. London [etc.: Routledge, 2011. Print. Woodside, Arch G. Case Study Research: Theory, Methods, Practice. Bingley: Emerald, 2010. Print. Zar, Jerrold H. Biostatistical Analysis. Upper Saddle River, N.J: Prentice-Hall/Pearson, 2010. Print. Read More