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Political stability is a situation characterized by the preservation of an intact and smoothly functioning government or political system, avoiding significant disruptions or changes over an extended duration. Political stability signifies a state of tranquility, organization, and sustained continuity within the political domain.
Areas covered can be related to policy development, public project management or public services. [2] Structural reforms performed within public administrations during the past decades have introduced this new methodology which aims to reflect individual government’s global policy and priorities through the improvement and coordination of ...
External interventions see different levels of democratization success depending on the type of intervener, type of intervention, and level of elite cooperation prior to the intervention. The level of neutrality and geopolitical disinterest the intervener possesses is important, as is the severity of the intervention's infringement on sovereignty.
The U.S. government generally pursues the latter bottom-up approach by funding international organizations that help strengthen the bases for gradual democratic transition (the rule of law, accountable government institutions and expanded political competition) by offering technical assistance and training to political parties and electoral ...
Good governance is a very broadly used term for successful ways a government can create public institutions that protect people's rights. There has been a shift in good governance ideals, and as Kahn [ 43 ] states, "The dominant 'good governance' paradigm identifies a series of capabilities that, it argues are necessary governance capabilities ...
The public interest theory of regulation claims that government regulation acts to protect and benefit the public. [1] The public interest is "the welfare or well-being of the general public" and society. [2] Regulation in this context means the employment of legal instruments (laws and rules) for the implementation of policy objectives.
Systemically important financial institutions are likely to receive government bailouts in the event of failure. [21] Unless these bailouts are structured as a government takeover, and losses are imposed on bondholders and shareholders, investors have incentives to take extreme risks, to capture the upside during boom times, and to impose ...
Simply put, it refers to government intervention. [ 3 ] In economics the "visible hand" is generally considered to be the macro-fiscal policy of John Keynes that emerged in the 1930s as a remedy for the shortcomings of Adam Smith 's " invisible hand " and advocated government intervention in the economy. [ 4 ]