Main Article Content
Abstract
Overview: The relationship between politics and economic development is intricate and multifaceted, characterized by a complex interplay of factors that shape the trajectory of nations. This study was conducted in Lusaka district, the capital city of Zambia.
Body of Knowledge: Politics, encompassing governance structures, policies, and decision-making processes, fundamentally influences economic development outcomes. Effective governance frameworks that foster political stability, rule of law, and institutional integrity are pivotal in creating an environment conducive to sustainable economic growth.
Methods: The study adopted a mixed methods approach which is a combination of quantitative and qualitative data. The study was conducted in 6 institutions; 3 belonging to government and 3 belonging to civil society organizations within Lusaka district. The sample size was 36 respondents, targeting Political Leaders and Policymakers, Economists and Development Experts, Business Leaders and Entrepreneurs, and Civil Society Organizations Members. Quantitative data was collected from respondents using surveys, and statistical analysis of economic indicators whereas interviews, focus groups with policymakers, stakeholders, and experts were used to collect the qualitative data. Qualitative data collected from semi-structured interview schedules were analyzed thematically in line with research objectives; while the quantitative data were analyzed using the software; Statistical Package for Social Sciences (SPSS) and Microsoft Excel (version 16).
Results: The study revealed that effective governance and political stability are pivotal in fostering conducive environments for sustainable economic development. Moreover, it explored the role of external influences and domestic policies in shaping economic outcomes, highlighting the need for robust institutional reforms and strategic governance practices to mitigate political risks and enhance economic resilience in developing contexts.
Recommendation: Governments should strengthen institutions that oversee economic policies, ensuring they are independent, competent, and free from political interference.