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Autocracy, democracy and economic growth: China vs. EU between 1979 - 2015
Gücklhorn, Jakub ; Procházka, Pavel (advisor) ; Ševčíková, Michaela (referee)
The bachelor thesis examines the role of the political system in optimizing economic policies on example of China and European Union in 1979-2015. The introduction of the theoretical part deals with the importance of economic growth. In the following are described basic approaches to economic growth, which include both the view of neoclassical economics and institutional economics. In the practical part is carried out a comparative analysis of several economic indicators influencing economic growth in order to find out, which political arrangement provides better background for economic growth. The paper concludes that a better background for long-term economic growth is a democratic political order.

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