Political stability and instability

Even in countries that are considered politically stable, political change can have a big impact on businesses. This may be due to the government changing the legal framework, as we saw in the previous section, but it is possible that the government changes have changed the political attitude towards the business. As a result, "business-friendly" policies, changes in business taxes or regulations, or political changes that may affect company marketing may be less.

The government can also change the social agenda, which may affect the company. For example, the government can introduce or change the minimum wage. Many companies are against the minimum wage.

Especially in countries without minimum wage, we will lower international competitiveness

The government can sign other agreements as well. For example, the EU government agreed to improve the conditions of the employees of the 1992 Maastricht Social Branch that set out broad social policy goals regarding working conditions, workers consultation, employment rights and social security. This gives employees many additional rights such as:

This property change may have a major impact on the company and increase the cost of the company. However, additional rights can also increase motivation, which may help to compensate for the increase in costs. Companies carefully investigate all political changes and assess the impact on their company and their competitors.

Political instability can have a major impact on the business and may be reluctant to invest in new capital or enter new markets. Employers dislike risks, so it may even be encouraged to transfer activities to more stable and predictable areas. The political instability of the area where the company is doing means that the company must be very flexible and adaptable and they change their behavior in a short time to reflect changes in the political environment There is preparation.

The riot in Tunisia in 2011 is one example. Commercial rating agencies such as Fitch are considering political stability when offering investment opportunity advice to companies

If so, developed countries, including the US and many of its allies, will face major challenges in the future to maintain superior governance and political stability. As instability between the OECD countries increases, there is the possibility that liberalism and corruption waves may be triggered within democracy. In the worst case, this situation could threaten the US-led democratic alliance system and the US national security system. The role of AI as an innovative supercharger can provide a strategic (perhaps permanent) economic and military advantage for countries that play an important role in the development of AI applications. Because of this recursive improvement and because the artificial intelligence application also facilitates labor automation, imagine the revolutionary economic and innovative growth scenario that the country plays an important role in the development of several artificial intelligence applications It is possible to. In this way, we guarantee to be the first person who discovered the next generation of innovation etc.

Peace and stability in the African continent is a necessary condition for development and prosperity. The majority of the continents have experienced political stability, but the situation is still unstable and unstable in South Sudan, Burundi, Democratic Republic of Congo, Mali, Libya, Somalia, Central African Republic, Lesotho, the Great Lakes, Sa, etc. Heller and Chad Lake Basin. Various reconstruction and development efforts after the conflict began in 2016, and humanitarian aid was provided to the countries of Namibia, Malawi, Swaziland, Guinea Conakry, Mali, Somalia, South Sudan and Burundi. Support peace, political stability, integration of the institution based on the constitution, and the ability to build people in the partner country government and parliament buildings