The Process Of Macroeconomic Decision Making In Democratic And Dictatorial Countries
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Keywords
Decision Making in Democratic Countries, Decision Making in Dictatorial Countries, Macroeconomic Decision Making
Abstract
Real-world problems are usually complicated by many interrelated factors. It is, however, difficult to distinguish between symptoms and problems. To facilitate approaches to problem solving, we must study the organizations input, processes, and outputs. Measuring of productivity, as well as the construction of models, is based upon data and government information. The questions we would like to address in this paper is how the decision making process might take place in developed countries versus how it might take place in underdeveloped countries, and how it might take place in democratic countries versus how it might take place in dictatorial countries?