Why stability is the most valuable resource!

[Cheema02]

Gone are the days when countries with natural resources have more to gain economically. Recently, countries that focus on production and manufacturing have taken the global economy by storm. The countries with natural resources sell their resource at an affordable price, while the manufacturers produce goods and services that will be sold at a higher cost to the countries with natural resources. This proves the idea that productivity at its very best is the real gold. Countries that have the resources and manufcature good will be more successful than others.

According to current situations economic countries is not totally based on natural resources and they need to developing alternative of it. A lote of countries that have accessive amount of gold ' oil and other valuable stones still faces the financial instability because they just import the raw material at low prices. Some contries manage the system in very precise way and they manly focused on innovations and production and these countries hold the more stability because production helps a lot in financialy improvmenat. So these countries then sale these products globally at high rates so production and inovation helps a lot to improves the financial growth. So the cotrieses that have edge of resources and talented people always in profit because they have both production and technology. So currently natural resources and huge production facilities is main weapon of long term success.

[uneng]

Stability is directly related to peace of mind, personal satisfaction, what proportionate the ideal environment for people to develop their creativity and most subjective skills in a pleasant way. That is when intuition gets sharper and great ideas come into mind. Ideas which have potential to push society to the next level.

On the other hand, in environments where chaos rules and people can only think about survival, hardly ever something good will arise from there, as all their focus is directed to the most basic needs, while anxiety, tension and fear play a big role in daily life.

[Unknown Op]

According to current situations economic countries is not totally based on natural resources and they need to developing alternative of it. A lote of countries that have accessive amount of gold ' oil and other valuable stones still faces the financial instability because they just import the raw material at low prices. Some contries manage the system in very precise way and they manly focused on innovations and production and these countries hold the more stability because production helps a lot in financialy improvmenat. So these countries then sale these products globally at high rates so production and inovation helps a lot to improves the financial growth. So the cotrieses that have edge of resources and talented people always in profit because they have both production and technology. So currently natural resources and huge production facilities is main weapon of long term success.

To be economically fit a country should be stable enough to utilise their resources to grow financially and economically.
If a country have all the natural resources but they cannot grow politically , financially and socially their economy will be unstable  , then the people will feel un safe, they will not do long term investments and they try to migrate to the other countries that have more stable economy. But on the other hand if a country is maintaining its stability then people will be more happy in doing long term investments that will perform better in long run,  despite if they do not have a good amount of natural resources. That is why todays Nations see stability as the basic and key economic asset.

[iBaba]

~~~

Stability is becoming more important than natural resources because stability gives people that confidence, assurance and even peace of mind to invest, build businesses and plan for the future without constantly worrying something would suddenly affect their investment or destroy the environment they are operating in.natural resources alone are not enough if the system is unstable, because a country can have oil, minerals and many resources, but if businesses and investors don’t feel secure, those resources will not fully translate into growth. What really drives development is that stable environment, trust in the system and confidence that businesses can grow long term without constant uncertainty. That is what encourages people to expand their businesses, employ more workers and invest more into the economy.

So from all these now you can see that countries with fewer natural resources still perform better economically than resources rich countries like Nigeria. At the end of the day that trust, stability and strong system is what makes people willing to invest their money, time and future to a country because everybody naturally wants environment where they can grow with less fear and uncertainty.

[Odogwu-Blockchain]

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.

You are going far to using economical problems for your example, people may not understand that clearly. Lets bring it low. It's far more harder for who earns once yearly that those who earns little amount weekly. Those that waits for one time payment in a year is actually suffering and may hit the rock button of becoming exusted waiting for a big sum that comes ones in a year.

Consistent drop of funds keeps you easy going, makes you to obey the flow of money in a natural manner. It's disrespectful to be starving oneself hoping to finally be happy when large sum of money lands.

It's more better for a consistent drop of resource that yearly drop of the resources.

[GIF-JOBS]

Stability is directly related to peace of mind, personal satisfaction, what proportionate the ideal environment for people to develop their creativity and most subjective skills in a pleasant way. That is when intuition gets sharper and great ideas come into mind. Ideas which have potential to push society to the next level.

On the other hand, in environments where chaos rules and people can only think about survival, hardly ever something good will arise from there, as all their focus is directed to the most basic needs, while anxiety, tension and fear play a big role in daily life.

When we can meet our basic needs through mental and financial stability, it is an acceptable level. And we think about focusing on developing our long-term thinking and creativity. However, if we are in uncertainty and financial pressure, then we will be mentally depressed where risk analysis and planning will be towards solving immediate problems. Where our mentality is not stable. If we have stable financial management, we become mentally interested in saving and at the same time we are interested in developing our skills more deeply. However, stability is not only found in a comfortable position, sometimes we have to find solutions to our problems even in the midst of struggle and difficult reality.

[2stout]

Stability allows you to strategize, focus, prioritize, plot, and plan which in turn allows you to live more in the present while building for the future.  Without stability, you have to focus on the here and now, the immediate present, just to make it another day; it's almost insurmountable to build for the future while in an unstable state.

[junder]

When we can meet our basic needs through mental and financial stability, it is an acceptable level. And we think about focusing on developing our long-term thinking and creativity. However, if we are in uncertainty and financial pressure, then we will be mentally depressed where risk analysis and planning will be towards solving immediate problems. Where our mentality is not stable. If we have stable financial management, we become mentally interested in saving and at the same time we are interested in developing our skills more deeply. However, stability is not only found in a comfortable position, sometimes we have to find solutions to our problems even in the midst of struggle and difficult reality.

It's a situation that I want to be in where I can have the financial stability to be able to fulfill my basic needs and fulfill my own desires, but yes to be able to have that kind of position is not easy with the fact that even though I now have a source of income that can actually be enough for myself but I have to support three other heads in my family so it's really a difficult reality situation and I have to be able to find a solution.

[Yeesha]

Stability is directly related to peace of mind, personal satisfaction, what proportionate the ideal environment for people to develop their creativity and most subjective skills in a pleasant way. That is when intuition gets sharper and great ideas come into mind. Ideas which have potential to push society to the next level.

On the other hand, in environments where chaos rules and people can only think about survival, hardly ever something good will arise from there, as all their focus is directed to the most basic needs, while anxiety, tension and fear play a big role in daily life.

Yes, financial stability is the peace of mind, because if an individual has not eaten for a day, or does not even have money to fulfill his responsibility such as providing for the family his mind is not going to be at rest at all. He will be thinking about it until he is able to provide for his family and ensure that they are financially stable. Due to the current economic situation people don't have much time to think about the potential that can bring progress to our country rather they are busy focusing on how to tackle their own problems.

[AmaGold70]

When a country is rich in mineral resources, and lacks stability, things will go wrong, and economic growth could be be retarded. However for an economy to gain stability, which means the government has to make good policies to sustain the economy. When maladministration has taken over the rulership of a country, no matter how rich a country might be in mineral resources they will definitely not do well economically.
You made mention of country like Nigeria, yes I understand Nigeria is an oil rich national, and even rich in agriculture too, but lacks economic stability, the fault is not from the citizens of the country, but an administrative fault. Therefore, maintaining economic stability is very important, it is not all about how rich a country is in terms of mineral resources, but about making good policies to enable economic growth, and sustainability.

[Doll2233]

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.

A country's stability includes political stability , economic stability , institutional and social stability and no government is that fit to provide all these. And for sure the under developing nations lack all of these by one way or the other. comparison of Nigeria with Belgium doesn't make any since. Better you compare KSA, Dubai or Kuwait with Belgium. The corrupt politicians , printing of excessive fiat , unnecessary conflicts and continuous regime changes are the main factors which causes a country's destabilization's. 

Comparing different countries is useful because it help them to identify their different policies that are contributing to the prosperity and their stability. Most of the countries have experienced political transitions and yet they remain stable because they have strong institutions and maintain the public trust , countries like Dubai ,Kuwait ,Saudi Arabia get benefits from the natural resources or  unique economic advantages whereas the Belgium on the other hand relay on his diversified industries. Instead of this missing the comparison of Belgium with Nigeria we should learn that what lesson can be learnt from the differences and how they can be adopted to be better.

[Dreadboost]

Economic stability is very good and it can help develop a country, but I don't that agree that it will do better than a country that has more resources.  The only reason you feel that those country that are stable are doing better than some countries that have more resources,  i think the problem lies with those that are in charge of managing those resources.  Nigeria fir example,  I really think that Nigeria should be a very rich country,  because they have a lot of resources to achieve it, but the people managing this resources are not using it for the right purpose,  rather they use it to enrich themselves,  so it's hard for such society to develop or to do better than some countries that have stability and also well managed.

[Leahized]

Yes, financial stability is the peace of mind, because if an individual has not eaten for a day, or does not even have money to fulfill his responsibility such as providing for the family his mind is not going to be at rest at all. He will be thinking about it until he is able to provide for his family and ensure that they are financially stable. Due to the current economic situation people don't have much time to think about the potential that can bring progress to our country rather they are busy focusing on how to tackle their own problems.

There is no substitute for money if you live your life well. So to be economically self-reliant, stable currency as well as unstable assets are very important. For example if you have your own currency it is good to be stable but the asset price should rise to become more developed. Because even if it is economically stable, it cannot prevent inflation. So no matter what the situation is, one should find a way out without getting too upset. And the government will control how the state will improve. So the common citizen will not bother much about it.

[Bitcoin.com97]

Stability is actually the best thing that can happen to any country, when a country experiences stability it helps in the development of the country,being stable helps one to be more focus on the essential things ,no matter how rich a country maybe without stability it means nothing , economical they need stability,in all ramifications stability is actually important for the growth of a country.

[imthegreat]

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.

Oil is really a very important resource on the planet now, and the countries that possess it must be able to protect themselves or they will be captured by powerful countries that collect oil all over the world. Well, there's one thing. Remember Saudi Arabia, which left Opec, abandoning oil dependence in order to develop other areas of the state, and not just be a "banana republic" as is happening now, for example, with Russia. It is very important to have earnings and technologies besides oil, otherwise the country becomes dependent and weak.

[eightdots]

Stability is actually the best thing that can happen to any country, when a country experiences stability it helps in the development of the country,being stable helps one to be more focus on the essential things ,no matter how rich a country maybe without stability it means nothing , economical they need stability,in all ramifications stability is actually important for the growth of a country.

Stability ensures that things run smoothly. Achieving stability in the economy is very difficult, but those who succeed can continue their development in many areas. Stable work is a habit, and those who possess this habit are better able to perform their jobs.

Stability also supports a country's development because stable work is essential for achieving goals.

[alastantiger]

Stability allows you to strategize, focus, prioritize, plot, and plan which in turn allows you to live more in the present while building for the future.  Without stability, you have to focus on the here and now, the immediate present, just to make it another day; it's almost insurmountable to build for the future while in an unstable state.

An economy or a person needs stability to be able to achieve financial independence, if an economy of a country is not stable then it will be unstable and this can cause lot of setbacks and the same can be said about someone who is trying to achieve financial independence in their life. When an economy is stable then the government of the country can plan towards a better economy by investing into sectors that will drive the economy of a country up. There are some instances when the bad economy provides opportunity for investors to invest into the economy and make money for themselves and also improve the economy in the process but those cases are not that frequent and have their bad effects too.

[barbara44]

Stability is actually the best thing that can happen to any country, when a country experiences stability it helps in the development of the country,being stable helps one to be more focus on the essential things ,no matter how rich a country maybe without stability it means nothing , economical they need stability,in all ramifications stability is actually important for the growth of a country.

By stability, I think we also need to be precise, since a lot can mean by it. What about the rise of the inflation? Isn't that consistent? But that is no good. Another I can think of is the wars. This is also stable or can happen often on many countries, but the effect of it is devastating as well.

A rich country may also mean that a country is stable. I mean even if there are problems that arise, we can expect that they will get sorted out due to their available funds, as we know that money fixes almost everything. So as we can see, to attain a full stable life or economy seems not possible but this is also the reason on why some are rich. Just like they say 'when there is a risk or volatility, there is also a reward'. That is why.

[Solodoski]

Economic stability is very important for the development of every nation and it can also be considered a valuable resource. Like OP mentioned there are countries that don't have much resources,  but they are doing better than some countries that are very rich in natural resources,  which he sighted Nigeria as an example. I totally agree with him, but I think the major problem with Nigeria is management,  because the government have not been able to manage the resources in the country to get it to the next level. The corrupt politicians only care about themselves and are not interested in developing the nation, so based on this I totally agree with OP.

[Charleslie]

Stability gives businesses the confidence to invest, encourages people to plan for the future, creates jobs, and allows the economy to grow. When a country is unstable, investors become afraid, businesses avoid long-term plans, and citizens may seek better opportunities elsewhere. A country with fewer natural resources but strong institutions and public trust can perform better than a resource-rich country struggling with instability.