Impact of Bad Governance on Economy
Summary:
Bad governance weakens investor confidence, fosters corruption, and leads to ineffective public institutions. It results in judicial delays, economic inefficiencies, and worsens socio-economic inequalities. Small businesses suffer the most, while excessive debt and resource mismanagement hurt future generations.
Short Points:
- Reduces investor confidence and FDI.
- Encourages corruption and embezzlement.
- Weakens public institutions and infrastructure.
- Causes judicial delays, slowing economic activities.
- Increases inequality and affects vulnerable groups.
- Hinders SME growth and job creation.
- Leads to unsustainable debt and environmental issues
https://www.thenews.com.pk/print/1091830-bad-governance