|
To be honest, it's not the form of government that matters as much to an economy as the powers invested in that government. If an independent Central Bank controls money supply and sets its policy without regard to Parliamentary advice or direction, then parliament is limited to controlling tax policy (which impacts discretionary spending, as well as businesses development) and trade policy. Institutionally speaking, there is no general way to differentiate a parliamentary government from a bicameral legislature in a constitutional republic from a monarchy.
more
|
What are the advantages and disadvantages in economy of parliamentary government?
Related Questions
- There are two types of publications in Parliament House: those published by the Parliament and those ...
- Even before the first boatload of Englishmen landed at Jamestown, Virginia, European countries had ...
- Ans: No law so far has been enacted by Parliament (and State Legislatures) to define the powers, privileges ...
- A country with a parliamentary government base their legislature on the Westminster system, which is modeled ...
- Your question is a bit misplaced. If you're asking for a homework assignment, tell your teacher that it's a ...