Why stability is the most valuable resource!

[_act_]

They created inflation that should not exist. Yes, they created it with their so called fiat which is a scam to me. I think there is something that is fundamentally wrong in this world. Inflation supposed not to exist.

Yes, you are right. That is the reason you will see small countries like Seychelles having good economy and good life quality. Productivity is very important. It is called total workforce or man power of a country.

[Rubuchi]

They created inflation that should not exist. Yes, they created it with their so called fiat which is a scam to me. I think there is something that is fundamentally wrong in this world. Inflation supposed not to exist.

Yes, you are right. That is the reason you will see small countries like Seychelles having good economy and good life quality. Productivity is very important. It is called total workforce or man power of a country.

all these inflation and economic downturn amidst other crises are artificial. They are situations which are created by our leaders and the government just to for their own selfish benefit. God who created the world and created land has blessed it with abundance resources that will help us become rich beyond our needs but human beings have decided to make life difficult and miserable for ourselves.
Inflation can be avoided in almost all the countries around the world except for countries with very low natural and mineral resources but ironically those countries with less natural resources are even the ones thriving because they have worked hard to develop the very little resources they have with them. Since they knew they do not have enough resources they have been forced to build something for themselves in fear of the repercussions of their lack of resources which in turn has made them even stronger the supposed mineral rich countries.

[summonerrk]

In today's timeline, we can see that the most valuable economic resource is stability, not even oil.
Economies who don't offer stability, irrespective of natural resource are experiencing; migration, a reduction in the use of indigenous currency, businesses are starting to eliminate long term plans for short term, a reduction in capital expenditure and investment, and a fall in productivity.

Economic productivity depends more on productivity than in resources.

A stable country with fewer resources will surely out perform one richer with resources, as we've seen with countries of the world. In comparison a country like Belgium with fewer resources is outperforming a supposedly oil rich nation like Nigeria.


Trust is surely starting to be an economic resource.

In order for the country in which you live to have stability, it needs to have a smart and non-corrupt government. They must develop an economy that can easily survive external sanctions, be protected, network their own businesses of all sizes and sovereign technologies. At the same time, the country should not have one president for the entire term, but there should be a periodic change of power. Only in such a state can you feel calm and stable.
Unfortunately, most governments do not meet all the criteria I have listed.

[el kaka22]

This is true, Norway for example is not the richest country when it comes to resources, they have oil, not as much as most other nations, but doing better. Lets give it an example.

Venezuela is the nation with the most oils, literally the most, and you all know how terrible that country looks for the people who live there, people literally starved to death at some point, not all, but we have seen their situation. Saudi Arabia and Iran are second and third as well, Iraq fifth, Kuwait event. And yet, Norway is 20TH NATION. Which looks better to you?

[Jewan420]

The stability and instability of a country depends on the government of that country and its organs. If the government, administration, judiciary and legal department of a country are free from corruption, then stability in that country is not a difficult task. The main reason for the economic instability in the country is corruption, if the country is free from corruption, then the possibility of that country being stable is high and stability means achieving prosperity.

What will happen with more wealth if it is not possible to ensure equitable distribution of wealth? In this case, only one group will benefit and will develop economically, but the country will not develop. On the other hand, if there is less wealth but equitable distribution is ensured, then the entire nation will develop and the country will develop. The development of the nation or the citizen is the development of the country.

[serjent05]

@OP have you thought about the things needed to have stability?  Stability needs resources to be able to progress.  Without valuable resources will eventually become stagnant.  A country that has valuable resources can outgrow stable countries because they have valuable resources that can sustain their economy despite governance imperfections.

Don't forget that stability can't make an economy a success without other factors, valuable resources included.  In short, it is not a simple thing if we are talking about the economy and prosperity.  And obviously, how a country fares is dependent on the quality of its government.

[Jubilee58]

Stability plays a major role when it comes to economic development. It is instability that leads to high cost of living or causes inflation in a country. The importance of stability can not be overemphasized because no matter how wealthy a country might might seem to be, when stability is not shown, everything is likely to turn upside down. These stability is being put in place by the federal government. There are times when a country will deccide for instance to set up price control , such action is to stop people from selling of goods, and services indiscriminately.

[Miles2006]

The only factor disturbing modern country even with resources is mono-economy practice, I thought op will mention this when taking about Nigeria because this is the top reason many countries find it difficult to compete or meet the standard of other countries.
Resources play a very big role, I will not underestimate the fact resources aren’t doing any work as a matter of fact developing countries who know the importance of resources and they make good use of these resources are the ones doing well, it must not always be country producing these resources rather the question is “can they make good use of it” if the answer should be yes, they have every opportunity to do well. Stability works when everything is in order besides whenever the economy is stable you’ll find out it’s attach to wealth or business success.

[Nightwatchmare]

A country and the people living in it will enjoy harmony when there is stability . Stability is so essential in a country because it is the most ultimate resource that transforms environment that is unpredictable. When a country fix a price either in goods or petrol etc, that is not very high but very accommodating to everyone living in the country it becomes a sign of stability.

Instability is what disorganised a country, it is what makes a country loss it's value, but  stability is what brings back the value of a country. Stability serves as bedrock for progress. So, that is why stability is the most valuable resource and will always be.

[alastantiger]

A stable country with fewer resources will surely out perform one richer with resources, as we've seen with countries of the world. In comparison a country like Belgium with fewer resources is outperforming a supposedly oil rich nation like Nigeria.

Stability does not equals productivity, a country can be stable but they are not stable in the right things instead they are stable in the negative things that brings down the value of their economy. There are many countries that have had a stable government for many years but those countries are not progressing instead they are downgrading and going backwards. What a country needs is productivity despite stability not being a major point because if the country is moving forward despite of who is in power or what the country is producing then you can have a country that is going to keep moving ahead and the example you use is just a perfect example to use in explaining this. A country can have oil and also have a stable government but this government are only stable in stealing the resources of the country instead of making good use of it for the progress of the country.

[programmer3666]

In today's timeline, we can see that the most valuable economic resource is stability, not even oil.
Economies who don't offer stability, irrespective of natural resource are experiencing; migration, a reduction in the use of indigenous currency, businesses are starting to eliminate long term plans for short term, a reduction in capital expenditure and investment, and a fall in productivity.

Economic productivity depends more on productivity than in resources.

A stable country with fewer resources will surely out perform one richer with resources, as we've seen with countries of the world. In comparison a country like Belgium with fewer resources is outperforming a supposedly oil rich nation like Nigeria.


Trust is surely starting to be an economic resource.

Stability is very important because businesses and investors always prefer places where things are predictable and secure. Even if a country has a lot of natural resources, constant economic problems, insecurity or unstable policies can scare away investment and slow development. Take instance how some countries with fewer natural resources still have stronger economies because businesses trust the system and can plan long term without fear. Meanwhile, some resource rich countries still struggle because inflation, currency problems, or political instability make it hard for businesses and ordinary people to grow. In the end, trust and stability can sometimes be more valuable than the resources themselves.

[Crypto_Timothy]

Indeed stability is the most the valuable resource out there. That feeling you get when you know that you can do as you wish with your life and it is truly your decision, i mean nothing really beats that feeling at out at least to the best of my knowledge. So even for nations, the ability to stay stable even through war times like we are facing currently, it is just very vital.
I can imagine the panic that would have overtook everyone if these nations where no somewhat prepared with reserves as backups for their nations, how much would the war blocking one of the most crucial resoruces channel have affected the whole. so yeah, once again, stability is the most valuable resource!

[summonerrk]

Indeed stability is the most the valuable resource out there. That feeling you get when you know that you can do as you wish with your life and it is truly your decision, i mean nothing really beats that feeling at out at least to the best of my knowledge. So even for nations, the ability to stay stable even through war times like we are facing currently, it is just very vital.
I can imagine the panic that would have overtook everyone if these nations where no somewhat prepared with reserves as backups for their nations, how much would the war blocking one of the most crucial resoruces channel have affected the whole. so yeah, once again, stability is the most valuable resource!

Everyone expects that they will live and work in peace, and everything will be fine. But we have already seen so much stability after 2020. It was as if the world had entered a crazy phase: covid, which shook humanity for the first time, causing many supply chains to break, many processes to change (I'm glad that the world as a whole has learned how to work remotely), but it's a pity that a lot of people have died. We are also witnessing conflicts among countries, and the most eccentric US president in the world with his attacks, blockade of straits and tariffs. There's no stability right now, but I hope the crazy times will pass soon.