POL SCI 51A Chapter Notes - Chapter 8: Liberal Democracy, Human Development Index
19 Oct 2016
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Document Summary
Advanced democracies are characterized by institutionalized liberal democracy and capitalism. Despite a set of shared core institutions, advanced democracies differ greatly in how their political, economic, and social institutions are constructed. All democracies have faced changes in and challenges to sovereignty, in the forms of supranational integration and devolution. Many advanced democracies have seen a rise in postmodern values, though these may come into conflict with increased ethnic and religious diversity. Economic institutions in advanced democracies have become increasingly postindustrial and tied to large welfare states, which encounter demographic challenges as their populations grow older. Advanced democracy: are countries with institutional democracy and a high level of economic development and prosperity (gdp at ppp over and in the top third on the hdi) They used to be called first world countries, but the three worlds approach was a problematic when it was originally used and, since the end of the cold war, has become a category of little use.
