What does the term "political stability" mean? 🔊
"Political stability" refers to a condition in which a government maintains consistent control over its affairs without significant disruptions or changes in leadership. It often involves the absence of frequent changes in policy, civil unrest, or violence, creating an environment conducive to economic growth and development. Political stability fosters confidence among investors, citizens, and international partners, facilitating favorable conditions for decision-making and long-term planning. However, while stability can lead to predictable governance, it can also sometimes result in the suppression of dissent or the lack of political pluralism.
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