Political stability refers to the consistency and reliability of a government and its institutions. It indicates a situation where the political environment is predictable, allowing citizens and businesses to operate without fear of sudden changes or disruptions. This stability often leads to economic growth, as it fosters investor confidence and encourages long-term planning.
Factors contributing to political stability include effective governance, rule of law, and the absence of widespread violence or civil unrest. Countries with high levels of political stability, such as Sweden or Canada, typically experience better social cohesion and improved quality of life for their citizens.