What impact do economic crises have on political stability? 🔊
Economic crises significantly affect political stability by creating social unrest and diminishing public confidence in government policies. Economic downturns often lead to increased unemployment and can exacerbate inequality, causing disenchantment among citizens. This may result in demands for political accountability and reform, thereby destabilizing existing regimes. In severe cases, economic crises can trigger social movements or even lead to regime change, as citizens lose faith in traditional parties and seek alternatives that promise economic recovery. Moreover, the political elite may use economic challenges as an opportunity to consolidate power, further complicating stability.
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