What are the key political factors that influence economic growth?
Key political factors include government stability, regulatory policies, and political risk.
Can you explain how government stability affects economic growth?
Government stability fosters investor confidence, leading to increased investment and economic activity.
What role do regulatory policies play in shaping economic outcomes?
Regulatory policies can either promote or hinder business operations, impacting growth and innovation.
How does political risk affect foreign investment?
High political risk can deter foreign investors due to concerns over potential losses or instability.
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