This paper highlights how dynamic the politics, economics and governance is and the
effects that it has on the economy in an abstract way. It also dwells into governance and
depicts some of the issues that it possess to learning institutions in particular.
A democratic and independent India was founded on the principles of democracy and
governance which had a well-defined framework and structure which was operational. Its
mission and vision was to have specific social and economic goals which were attainable by
the country. What is perplexing is the fact that notwithstanding the combination of politics,
economics and civil service which was deemed to be ideal, the foreseen results were not
achieved. What transpired is that the gap between economic policies and feasible political
framework widened. Furthermore, there is a disconnect between the different machinery of
government which performed administrative functions.
This is in agreement with Hanson, who is a renowned economist. Hanson found a
solution to this problem. His solution was not in theory that encompassed planning or the
coming up with up with plans based on assumptions which are unrealistic and not
substantiated. About how likely people are to give response regarding to a specific issue
related to the topic at hand. A case in point is the assumption that those who are
democratically elected to positions of power, a country’s citizens, labour and the
management of public resources will work in a choreographed manner to meet the economic
objectives that a country has laid down over a given time frame. In reality, nonetheless, the
interest of some sections and regions dominated how economic and political decisions were
reached at. The made the economy self-centred, wasteful while being narrow at the same
time.
This concentration of socio-economic benefits to meet the interests of a specific group
of individuals led to the unequitable distribution of wealth and resources in India. Adding
insult to injury was the corruption that bedevilled the society which was being tolerated. This
https://www.coursehero.com/file/161190939/Politics-economics-and-governancedocx/
effects that it has on the economy in an abstract way. It also dwells into governance and
depicts some of the issues that it possess to learning institutions in particular.
A democratic and independent India was founded on the principles of democracy and
governance which had a well-defined framework and structure which was operational. Its
mission and vision was to have specific social and economic goals which were attainable by
the country. What is perplexing is the fact that notwithstanding the combination of politics,
economics and civil service which was deemed to be ideal, the foreseen results were not
achieved. What transpired is that the gap between economic policies and feasible political
framework widened. Furthermore, there is a disconnect between the different machinery of
government which performed administrative functions.
This is in agreement with Hanson, who is a renowned economist. Hanson found a
solution to this problem. His solution was not in theory that encompassed planning or the
coming up with up with plans based on assumptions which are unrealistic and not
substantiated. About how likely people are to give response regarding to a specific issue
related to the topic at hand. A case in point is the assumption that those who are
democratically elected to positions of power, a country’s citizens, labour and the
management of public resources will work in a choreographed manner to meet the economic
objectives that a country has laid down over a given time frame. In reality, nonetheless, the
interest of some sections and regions dominated how economic and political decisions were
reached at. The made the economy self-centred, wasteful while being narrow at the same
time.
This concentration of socio-economic benefits to meet the interests of a specific group
of individuals led to the unequitable distribution of wealth and resources in India. Adding
insult to injury was the corruption that bedevilled the society which was being tolerated. This
https://www.coursehero.com/file/161190939/Politics-economics-and-governancedocx/
