Figure 4
The horizontal axis is marked with years and ranges from “2010” through “2023” in one-year increments. The vertical axis is labeled “Political Stability (0 equals low to 100 equals high)” and ranges from 0.00 to 60.00 in increments of 10.00 units. The graph shows five lines. A legend below the graph identifies the five lines as “Brazil”, “China”, “India”, “Russia”, and “South Africa”. The “Brazil” line begins at (2010, 46.24), peaks at (2012, 46.38) and (2014, 42.84), and ends at (2023, 28.23). The “China” line begins at (2010, 25.53), peaks at (2014, 28.79) and (2017, 38.58), and ends at (2023, 24.82). The “India” line begins at (2010, 11.35), peaks at (2017, 18.30) and (2020, 18.3), and ends at (2023, 21.28). The “Russia” line begins at (2010, 18.58), peaks at (2013, 22.13) and (2018, 27.23), and ends at (2023, 13.19). The “South Africa” line begins at (2010, 44.96), peaks at (2013, 45.11) and (2018, 38.3), and ends at approximately (2023, 20.99). Two vertical reference lines highlight “sanctions in 2014” and “Russia-Ukraine conflict in 2022”. Note: All numerical data values are approximated.Trend of the PS for five countries (percentile Rank). Source: Authors’ calculations