How Does Political Instability Affect Economic Growth
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How Does Political Instability Affect Economic Growth
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Author : Mr. Ari Aisen
language : en
Publisher: International Monetary Fund
Release Date : 2011-01-01
How Does Political Instability Affect Economic Growth written by Mr. Ari Aisen and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-01-01 with Business & Economics categories.
The purpose of this paper is to empirically determine the effects of political instability on economic growth. Using the system-GMM estimator for linear dynamic panel data models on a sample covering up to 169 countries, and 5-year periods from 1960 to 2004, we find that higher degrees of political instability are associated with lower growth rates of GDP per capita. Regarding the channels of transmission, we find that political instability adversely affects growth by lowering the rates of productivity growth and, to a smaller degree, physical and human capital accumulation. Finally, economic freedom and ethnic homogeneity are beneficial to growth, while democracy may have a small negative effect.
How Does Political Instability Affect Economic Growth
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Author : Mr.Ari Aisen
language : en
Publisher: International Monetary Fund
Release Date : 2011-01-01
How Does Political Instability Affect Economic Growth written by Mr.Ari Aisen and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-01-01 with Business & Economics categories.
The purpose of this paper is to empirically determine the effects of political instability on economic growth. Using the system-GMM estimator for linear dynamic panel data models on a sample covering up to 169 countries, and 5-year periods from 1960 to 2004, we find that higher degrees of political instability are associated with lower growth rates of GDP per capita. Regarding the channels of transmission, we find that political instability adversely affects growth by lowering the rates of productivity growth and, to a smaller degree, physical and human capital accumulation. Finally, economic freedom and ethnic homogeneity are beneficial to growth, while democracy may have a small negative effect.
The Political Dimension Of Economic Growth
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Author : Silvio Borner
language : en
Publisher: Springer
Release Date : 1998-04-12
The Political Dimension Of Economic Growth written by Silvio Borner and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 1998-04-12 with Political Science categories.
The state and its institutions are crucial for economic development: for better and for worse. This insight informs this important, up-to-date and authoritative survey of new trends in growth economics and the widely divergent economic performance of developing countries - for example, between Latin America and South-east Asia - which seemed to be similarly placed just a generation ago. The decisive role of the political dimension in economic growth seems clear but there are many challenges to be met in getting an analytical handle on the precise determinants and in testing empirically for this. This is the challenge taken up by the international team of contributors.
Understanding Terrorism And Political Violence
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Author : Dipak K. Gupta
language : en
Publisher: Taylor & Francis
Release Date : 2008
Understanding Terrorism And Political Violence written by Dipak K. Gupta and has been published by Taylor & Francis this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008 with Political Science categories.
This ambitious book has two inter-related objectives, proposing a new theory of human behaviour and then analysing terrorism in the light of this general theory. It will be essential reading for advanced students of terrorism studies and political science, and of great interest to students of social psychology and sociology.
The Dynamic Effect Of Social And Political Instability On Output
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Author : Mr.Lorenzo E. Bernal-Verdugo
language : en
Publisher: International Monetary Fund
Release Date : 2013-04-23
The Dynamic Effect Of Social And Political Instability On Output written by Mr.Lorenzo E. Bernal-Verdugo and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-04-23 with Business & Economics categories.
The aim of this paper is to analyze the dynamic effect of social and political instability on output. Using a panel of up to 183 countries from 1980 to 2010, the results of the paper suggest that social conflicts have a significant and negative impact on output in the short-term with the magnitude of the effect being a function of the intensity of political instability. The results also show that the recovery of output over the medium-term depends on the ability of the country to implement, in the aftermath of a social instability episode, reforms aimed at improving the level of governance. The results are robust to different checks and estimation strategies.
Political Instability As A Source Of Growth
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Author : Bruce Bueno de Mesquita
language : en
Publisher: Hoover Institution Press
Release Date : 2000
Political Instability As A Source Of Growth written by Bruce Bueno de Mesquita and has been published by Hoover Institution Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000 with Economic development categories.
Coalition Politics And Economic Development
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Author : Irfan Nooruddin
language : en
Publisher: Cambridge University Press
Release Date : 2010-12-02
Coalition Politics And Economic Development written by Irfan Nooruddin and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-12-02 with Political Science categories.
Coalition Politics and Economic Development challenges the conventional wisdom that coalition government hinders necessary policy reform in developing countries. Irfan Nooruddin presents a fresh theory that institutionalized gridlock, by reducing policy volatility and stabilizing investor expectations, is actually good for economic growth. Successful national economic performance, he argues, is the consequence of having the right configuration of national political institutions. Countries in which leaders must compromise to form policy are better able to commit credibly to investors and therefore enjoy higher and more stable rates of economic development. Quantitative analysis of business surveys and national economic data together with historical case studies of five countries provide evidence for these claims. This is an original analysis of the relationship between political institutions and national economic performance in the developing world and will appeal to scholars and advanced students of political economy, economic development and comparative politics.
The Impact Of Conflict And Political Instability On Banking Crises In Developing Countries
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Author : Ali Compaoré
language : en
Publisher: International Monetary Fund
Release Date : 2020-02-28
The Impact Of Conflict And Political Instability On Banking Crises In Developing Countries written by Ali Compaoré and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-02-28 with Business & Economics categories.
While there is an extensive literature examining the economic impact of conflict and political instability, surprisingly there have been few studies on their impact on the probability of banking crises. This paper therefore investigates whether rising conflict and political instability globally over the past several decades led to increased occurrence of banking crises in developing countries. The paper provides strong evidence that conflicts and political instability are indeed associated with higher probability of systemic banking crises. Unsurprisingly, the duration of a conflict is positively associated with rising probability of a banking crisis. Interestingly, the paper also finds that conflicts and political instability in one country can have negative spillover effects on neighboring countries’ banking systems. The paper provides evidence that the primary channel of transmission is the occurrence of fiscal crises following a conflict or political instability.
The Rise And Decline Of Nations
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Author : Mancur Olson
language : en
Publisher: Yale University Press
Release Date : 2008-10-01
The Rise And Decline Of Nations written by Mancur Olson and has been published by Yale University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008-10-01 with Political Science categories.
A leading political economist advances a new theory to explain the postwar shifts in the relative economic fortunes and positions of various nations and regions.
Democracy Governance And Economic Performance
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Author : Yi Feng
language : en
Publisher: MIT Press
Release Date : 2003
Democracy Governance And Economic Performance written by Yi Feng and has been published by MIT Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003 with Business & Economics categories.
A theoretical and empirical examination of why political institutions and organizations matter in economic growth.