Final answer:
To manage risks in countries with no political stability, measures such as improving infrastructure, attracting foreign investment, providing social safety nets, promoting democracy, and ensuring access to basic public services are essential for economic security and growth.
Step-by-step explanation:
Countries experiencing political instability often face challenges in managing risks due to economic fluctuations, poverty, and inadequate social safety nets. To address this, countries need to embark on comprehensive strategies that ensure economic security for their populations. Enhancing infrastructure can attract foreign investment, stimulating economic growth and job creation. Implementing social safety nets like food assistance and healthcare subsidies can mitigate discontent and promote stability. Moreover, fostering democracy and good governance by promoting transparency, accountability, and equal access to the political process is crucial.
However, the imposition of colonial political borders and exploitation of natural resources have contributed to the political turmoil, particularly in regions like the Sahel. Humanitarian assistance and international support can be instrumental in alleviating the pressures in these regions. Additionally, ensuring the availability of public services like healthcare and education is vital for nations to withstand and recover from the impacts of natural disasters or armed conflicts.
In summary, for nations lacking political stability, a holistic approach is required to manage risks and to foster an environment where citizens have the security, they need to prosper despite the economic challenges that may arise.