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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
ABSTRACT. This paper tests for the influence of political instability on UK economic growth between 1961 and 1997. We construct six variables that quantify political instability and examine the effect on growth. The results suggest that there is a strong link. GARCH-M models reveal negative effects of instability on growth
Political Instability and Economic Growth. (Article begins on next page). The Harvard community has made this article openly available. Please share how this access benefits you. Your story matters. Citation. Alesina, Alberto, Sule Ozler, Nouriel Roubini, and Phillip Swagel. 1996. Political instability and economic growth.
Abstract. Recent research has shown that institutions contribute significantly to long-run economic growth. Paradoxically, a separate line of research has produced mixed results concerning the effect of political instability on economic growth. How can it be that political institutions matter, but that during periods of political
This article examined the relationship of political instability and Economic growth of Bangladesh. Political stability plays a crucial role in economic development, integration of economic modes and in maintaining natural development in the national economy. An unstable political environment can be detrimental to the speed
wedge on labor. We show also that there are strong complementarities between different dimensions of political instability, and evaluate their impact on labour market institutions across countries. JEL Classification: J64, J88, H11. Keywords: political instability, labor market institutions, unemployment. Corresponding author:.
Political Freedom, Political Instability, and Policy Uncertainty: A Study of Political Institutions and. Private Investment in Developing Countries. Yi Feng. School of Politics and Economics, Claremont Graduate University. This paper examines whether democracy and other major characteris- tics of political institutions have any
D74. Keywords: Political instability. Risk-coping. Kenyan post-election crisis. This paper studies the microeconomic impacts of the political crisis and civil conflict that immediately fol- lowed the December 2007 presidential election in Kenya. Income, expenditures, and consumption dramati- cally declined for a broad segment
26 Jan 2012 THE IMPACT OF CONFLICT AND POLITICAL INSTABILITY ON AGRICULTURAL INVESTMENTS IN MALI AND NIGERIA i. Mwangi Kimenyi is a senior fellow and director of the. Africa Growth Initiative at the Brookings Institution. Jideofor Adibe is a senior lecturer in political sci- ence at Nasarawa State
Abstract. This paper aims to determine if there is a relationship between political instability, uncertainty, and political regime, on the one hand, and economic growth in Egypt, on the other. According to the literature, there is a relationship between political regime and stability and economic performance. However, the
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