Question

In detail, discuss how certain regime types may or may not have an effect on the rate of economic growth and the level of government performance?

Answer 1

Regime type in a country will definitely affect the economic growth and the the functions of the government. A regime is the type of government a country has such as, democracy, dictatorship, monarchy and theocracy.
In democracy, although it is said to be by the peopl, for the people and of the people, in reality voters are respected only during the election. Most of the developed countries have only two parties but developing countries have more than 100 parties. So when the government changes, they also change the economic policies thus affecting the economic growth and when they change this, the other parties will keep disrupting the operation of the government. Trade Unions will also play a major role in disrupting the normal function thus affecting the economy. Free flow of labour, capital and products will affect the local markets and in country products. Governments will be in a state of confusion whether to go with a multinational company in the country or face the opposition of the local people.
Dictatorship will restrict all the free movements but will be developing destructive weapons and means, thus will face the wrath of the international community. The markets will be restricted and controlled by the government and people won't be that loyal because their freedom is denied.
Monarchy is a bygone era's government but in few countries around the world, monarchy still exist. All the monarchs are educated and adopt the new life style but they will follow certain of old customs that would prevent them from applying certain economic policies which would affect the economy badly. It would also affect the functions of the government of there is dissonance among the people and ministers.
Theocracy is another type of regime where the government is based on the religion or God. This will impose lots of restrictions on other religions. So everything will be in favour of people from that religion. Companies will hesitate to start their business because they need to place some people in that country and because of the restrictions, no would like to move. This will be a hindrance to both the economic growth and the function of the government.