Political System and Economic Growth: A Comparative Study of Autocracy and Democracy

This research sheds light on the relationship between political systems and economic prosperity and growth. Undoubtedly, the relationship between politics and economics is highly interconnected and mutually influential. The prominent role of economic and financial problems in the activities of both the state and individuals is clear evidence of the strong link between politics and economics. Economics focuses on the efforts citizens make to satisfy their material needs, and these efforts are subject to the political controls and rules upon which society is based. Conversely, these controls and rules are influenced by economic factors. Economic prosperity contributes to political stability by mitigating the wave of demands for change, while economic crises facilitate significant and radical political transformations. Furthermore, natural resources influence a country's foreign policy and determine its influence. Countries rich in natural resources tend to be more independent in their foreign relations than those lacking such resources. The central problem addressed by this research lies in the following question: Which system—authoritarian or democratic—is more conducive to a country's economic growth and progress? This research aims to provide a scientific analysis of the relationship between political systems and a country's economic growth. This is achieved by comparing both democratic and authoritarian systems, highlighting the key variables that positively and negatively impact economic growth and prosperity.