What are the effects of political instability on development?

Political instability can severely hinder development by creating an unpredictable environment that deters investment and economic growth. It often leads to weakened governance, reduced public services, and increased corruption, which undermines social trust and cohesion. Additionally, instability can result in violence and conflict, displacing populations and diverting resources away from essential development initiatives. Ultimately, the cycle of instability can perpetuate poverty and hinder long-term progress.