One of the arguments against democracy and in favor of authoritarian forms of government turns to the economy. Economic development requires consistency, coherence, long term and central planning, all of which is said to be incompatible with democracy. The rotation in office typical of a democracy puts always other people in power, with other priorities and laws. Democratic governments, laws and policies change continuously. This goes against the interests of long term planning, as well as the interests of companies that need stability for their investments.
Furthermore, the constant pressure of public opinion and the next election, forces governments to sacrifice long term benefits for short term advantages that may even have negative consequences in the long term.
However, it is difficult to deny that the democratic procedures for changing governments create stability because they help to avoid revolt. Opposition movements do not have to resort to extreme measures to gain some influence. In addition, if the people decide to change something, this is because they believe that it ought to change, that it is not good as it is. Consistency is not the only value.