de·moc·ra·cy | \ di-ˈmä-krə-sē
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1a : government by the people especially : rule of the majority b : a government in which the supreme power is vested in the people and exercised by them directly or indirectly through a system of representation usually involving periodically held free elections 2 : a political unit that has a democratic government 3 capitalized : the principles and policies of the Democratic party in the U.S. from emancipation Republicanism to New Deal Democracy— C. M. Roberts 4 : the common people especially when constituting the source of political authority What We DoUSAID is the world's premier international development agency and a catalytic actor driving development results. USAID's work advances U.S. national security and economic prosperity, demonstrates American generosity, and promotes a path to recipient self-reliance and resilience. Food SecurityAddressing the global hunger crisis caused by COVID-19, climate change, and Russia's war on Ukraine Read More Ukraine ResponseMeeting humanitarian needs arisen from Putin's unprovoked attack on Ukraine Read More COVID-19Fighting the pandemic and addressing its impacts on development programs Read More Climate ChangeWorking together towards a healthier more prosperous planet Read More About the Policy Framework for InvestmentThe Policy Framework for Investment (PFI) was developed in 2006 and updated in 2015. It is the most comprehensive and systematic approach for improving investment conditions ever developed. In response to new forces reshaping the global investment landscape and the numerous lessons learnt through its use over the years, the PFI has been updated to reflect new global economic fundamentals and to incorporate feedback from the international investment policy community. The PFI looks at 12 different policy areas affecting investment: investment policy, investment promotion and facilitation, competition, trade, taxation, corporate governance, finance, infrastructure, developing human resources, policies to promote responsible business conduct and investment in support of green growth, and lastly broader issues of public governance. These policy areas are widely recognised, including in the Monterrey Consensus, as underpinning a healthy environment for all investors, from small- and medium-sized firms to multinational enterprises. But while the PFI looks at policies from an investor perspective, its aim is to maximise the broader development impact from investment and not simply to raise corporate profitability. The PFI is neither prescriptive nor binding. It emphasises the fundamental principles of rule of law, transparency, non-discrimination and the protection of property rights but leaves for the country concerned the choice of policies, based on its economic circumstances and institutional capabilities. It helps governments to design and implement policy reforms to create a truly attractive, robust and competitive environment for domestic and foreign investment. Although addressed to governments, the PFI needs to be seen in the broader context of other converging international initiatives to improve the investment climate, including the OECD Guidelines for Multinational Enterprises. Who uses the PFI?With its broad horizontal approach, the PFI assists governments engaged in domestic reform, regional co-operation or international policy dialogue on investment. It also serves as a reference point for investment promotion agencies, donors as they assist recipient country partners in improving the investment climate, and businesses, trade unions, and NGOs in their dialogue with governments. In the context of OECD Investment Policy Reviews (IPRs), the PFI has been used by close to 35 countries at varying levels of development and across all continents, as a tool for assessing investment and business climates, and for designing reforms to improve them. The PFI also provides a basis for support on regional investment policy dialogue. Established regional economic communities are currently using the PFI to promote peer learning on regional investment policy and policy harmonisation among their members. Examples include the OECD Africa Investment Initiative, the ASEAN-OECD Investment Programme. the Latin America and Caribbean Investment Initiative, the Investment Compact for Southeast Europe and the Middle East and North Africa Competitiveness Programme. Which of the following best explains why governments seek to devolve power quizlet?Which of the following best explains why governments seek to devolve power? Governments seek to devolve power to allow regional governments more power over local issues.
Which of the following statements is true about the sources of political authority in Iran and the United Kingdom?Which of the following statements is true about the sources of political authority in Iran and the United Kingdom? Both countries substantiate their political authority through religious authority and symbolism.
Which of the following best explains an implication of the authors argument for the legitimacy of Iran's current regime?Which of the following best explains an implication of the authors' argument for the legitimacy of Iran's current regime? The regime's legitimacy will weaken because of the supreme leader's change from his traditionally neutral role in politics.
Which of the following explains how civil society interacts with politics in both Nigeria and Mexico?Which of the following explains how civil society interacts with politics in both Nigeria and Mexico? a. Nigeria and Mexico both totally repress civil society, which undermines democracy by reducing individual freedoms.
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Which of the following statements correctly explains why the United Kingdom and Nigeria have different sources of authority?
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