What is the relationship between economic policies and political capital? 🔊
The relationship between economic policies and political capital is critical in shaping governance outcomes. Effective economic policies that promote growth and reduce inequality can enhance leaders' political capital, boosting their credibility and public support. Conversely, poor economic management can erode political trust and lead to instability or opposition. Additionally, politicians often use their economic policies to curry favor with specific voter groups, creating a delicate balance between immediate political gains and sustainable development. Thus, the interplay between economic strategy and political capital significantly influences the health and longevity of political institutions.
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