Public trust and political landscape in Pakistan: Consumers' behavior through the lens of economic turbulence
Аннотация
This study elucidates the nuanced relationship between consumer confidence and economic indicators, particularly amidst political instability. Prior to political uncertainty, consumer confidence reflected positive economic trends. However, political turmoil triggered a decline in confidence due to economic deterioration, inflationary pressures, and rising financing costs. The Prime Minister's disqualification due to corruption charges further eroded public trust and diminished economic activity. Post-pandemic, skepticism regarding the state's ability to address economic challenges has weakened confidence in governmental institutions and policies. Such insights are indeed crucial when evaluating consumer sentiment and its implications for market behavior.
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