Question

Governments' influence over trade and economies should not be underestimated. You may see some connections between culture and political ideologies, which can have positive and negative effects. Let's dive into the political and legal environment for your project country. You will work on the following critical elements: Government and Ideologoies, and Corruption.

Using The world Factbook and current new reports, identify the following elements of government:

1. Government

2. Politcal leader

3. Polical pressure (or opposition) groups

4. Recent changes in government rule

Other risks include corrupt practices, which are also heavily influenced by culture. Use Transparence International to identify three measures of corruption. Consider a revirew of the following:

1. Corruption Perception Index

2. enforcement

3. Bribery measures

Discuss what these policial risks mean for busineses. what challenges or opportunites migh an organization recognize with regard to the government and corrupt practices in the region? How can an organization protect against these risks and prepare management for issues they might face?

Answer 1

Answer:-

The following details for India are given below:
Government type – Federal Parliamentary Republic.
Political leaders and their (political parties) – Narendra Modi (BJP), Amit Shah (BJP), Arvind Kejriwal (AAP), Mayawati (BSP), Sonia Gandhi (Congress), Rahul Gandhi (Congress), Mamta Banarjee (AITC).
Political pressure (or opposition) teams - All Parties Hurriyat Conference within the geographical area depression (separatist group), Bajrang Dal (militant religious organization), Jamiat Ulema-e Hind [Mahmood MADANI] (religious organization) and several other social reform, anti-corruption, and environmental groups.
Recent changes in governing rule – none.
Corruption Perception Index – Out of 176 countries India ranks 76th in the corruption perception index. Corruption is rampant in India and the state has been unable to deal with it in an effective manner.
Enforcement – There are numerous law enforcement agencies that perform the function of law enforcement in India. Constitution of India mandates law and order as a subject of state and thus the majority of enforcement lies with respective states.
Bribery measures – The Central Vigilance Commission (CVC) is responsible for implementing anti bribery and anti corruption measures in India. The following recent legislative activities have given more teeth to anti bribery measures - he Whistleblowers’ Protection (Amendment) Bill 2015, the Lokpal and Lokayukta (Amendment) Act 2016 and the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act 2015.
The level of political risk in India has reduced considerably over the past few years due to the presence of a stable government at the federal level. But business policies and regulations may change with a change in government (when the term of the existing government expires). Also there is political risk in the form of implementing populist measures by the government with an objective of garnering more share of the vote bank. The populist measures are often not good for the economy in the long run. The challenges for an organization with regard to the government and corrupt practices in India is to deal with bureaucracy and red tapism that often delays the process of starting a new venture. Often bribes have to be given to speed things up. An organization can protect against these risks and prepare management for issues they might face by taking the help of a local partner and working within the legal framework. The network, contacts and local knowledge and expertise of a local partner will help organizations overcome the mentioned obstacles within the legal boundaries.