Political Stability - A Condition for Sustainable Growth in Romania?☆

Political stability is a very important variable in the development of the country, because it was decided as a legitimate level of economic growth over time, it is also a result of poor economic development. The purpose of this paper is to analyze the impact of political stability on economic growth in Romania and to summarize the extent to which this political factor is a condition for our future and sustainable sustainable growth. Using statistical and econometric methods (related regression and multiple regression), we conclude that political stability plays an important role in the national economic growth and that a stable political environment exists for sustainable development We will conclude that it will help establish a coherent and sustainable environment. road

The results also show that a 1% increase in political stability means a per capita GDP growth rate of 0.058%, which is consistent with the expected result. Various analyzes on the relationship between political stability and growth performance have promoted the existence of a stable government as a necessary condition for long-term sustainable growth. Political stability is a necessary condition for macroeconomic stabilization and we can make maximum use of long-term potential growth rate. Similarly, democracy shows that democratization increases per capita GDP by 0.005%. This result is consistent with Barrow's study which believes that democratization is an important mechanism of public participation in promoting economic development.

Will political stability and democracy improve national economic growth? Evidence of the use of GMM law in African countries

Political stability is a very important variable in the development of the country, because it was decided as a legitimate level of economic growth over time, it is also a result of poor economic development. The purpose of this paper is to analyze the impact of political stability on economic growth in Romania and to summarize the extent to which this political factor is a condition for our future and sustainable sustainable growth. Using statistical and econometric methods (related regression and multiple regression), we conclude that political stability plays an important role in the national economic growth and that a stable political environment exists for sustainable development We will conclude that it will help establish a coherent and sustainable environment. road

In order to achieve and sustain growth, every economy must have government policies that are politically stable and promote growth. This is because, if politically stable, the attitude of the government is steady and consistent, as this attitude is conveyed through various government policies. Without political stability, and vice versa. Therefore, the capital market will respond to the nature of the government, the attitude of the government, and various policies of the government. It is said that the economy is growing as the national income of the country increases and per capita income increases. An increase in revenue also means an increase in spending and an increase in savings. This means that the increase in expenditure means an increase in demand and the increase in saving means an increase in investment, indicating a good economic development. More funds from domestic and foreign investors.