Pressure group

economic-dictionary

A pressure group is an organization that tries to influence public policy by defending a particular idea.

These organizations operate on behalf of different companies, organizations or individuals. They are hired to influence decision-making and reduce the risk that these will harm their members. It should be noted that they are not directly part of political power.

The definition of a pressure group does not distinguish between the number of people that comprise it. Nor the number of people or institutions they represent or may represent.

Influence of pressure groups

These groups play an important role within democratic systems. The organizations are in charge of transmitting the opinions of their constituents to public officials. In this way, the representativeness of society in the sphere of power increases. Thus, policy makers will be able to more effectively capture the demands of society.

Lobbyist example

Suppose a group of farmers wants to promote a tariff change. These farmers can hire a lobby group to generate a favorable response from the legislature in this regard. In this way, a modification to the current legislation could be generated and the protectionist character established to favor the consumption of the national good over the imported one.

However, since importing companies will try to avoid the measure, the result will not depend solely on the effectiveness of the agricultural lobby. Also, ideological factors of policy makers, influence of other groups with different interests, among others, should be considered.

Interest groups

Tags:  economic-analysis banks Colombia 

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