How Does Political Instability Affect Economic Growth?

How Does Political Instability Affect Economic Growth?

Author: Mr.Ari Aisen

Publisher: International Monetary Fund

Published: 2011-01-01

Total Pages: 30

ISBN-13: 1455211907

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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 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.


Seven Pillars

Seven Pillars

Author: Michael Rubin

Publisher: AEI Press

Published: 2019-11-14

Total Pages: 178

ISBN-13: 0844750263

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For decades, US foreign policy in the Middle East has been on autopilot: Seek Arab-Israeli peace, fight terrorism, and urge regimes to respect human rights. Every US administration puts its own spin on these initiatives, but none has successfully resolved the region’s fundamental problems. In Seven Pillars: What Really Causes Instability in the Middle East? a bipartisan group of leading experts representing several academic and policy disciplines unravel the core causes of instability in the Middle East and North Africa. Why have some countries been immune to the Arab Spring? Which governments enjoy the most legitimacy and why? With more than half the region under 30 years of age, why does education and innovation lag? How do resource economies, crony capitalism, and inequality drive conflict? Are ethnic and sectarian fault lines the key factor, or are these more products of political and economic instability? And what are the wellsprings of extremism that threaten not only the United States but, more profoundly, the people of the region? The answers to these questions should help policymakers and students of the region understand the Middle East on its own terms, rather than just through a partisan or diplomatic lens. Understanding the pillars of instability in the region can allow the United States and its allies to rethink their own priorities, adjust policy, recalibrate their programs, and finally begin to chip away at core challenges facing the Middle East. Contributors: Thanassis Cambanis Michael A. Fahy Florence Gaub Danielle Pletka Bilal Wahab A. Kadir Yildirim


The Causes of Instability in Nigeria and Implications for the United States

The Causes of Instability in Nigeria and Implications for the United States

Author: Clarence J. Bouchat

Publisher: Army War College Press

Published: 2013

Total Pages: 136

ISBN-13:

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The political economy problems of Nigeria, the root cause for ethnic, religious, political and economic strife, can be in part addressed indirectly through focused contributions by the U.S. military, especially if regionally aligned units are more thoroughly employed.


The Dynamic Effect of Social and Political Instability on Output

The Dynamic Effect of Social and Political Instability on Output

Author: Mr.Lorenzo E. Bernal-Verdugo

Publisher: International Monetary Fund

Published: 2013-04-23

Total Pages: 41

ISBN-13: 1484339266

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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.


Encyclopedia of the Anthropocene

Encyclopedia of the Anthropocene

Author:

Publisher: Elsevier

Published: 2017-11-27

Total Pages: 2290

ISBN-13: 012813576X

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Encyclopedia of the Anthropocene, Five Volume Set presents a currency-based, global synthesis cataloguing the impact of humanity’s global ecological footprint. Covering a multitude of aspects related to Climate Change, Biodiversity, Contaminants, Geological, Energy and Ethics, leading scientists provide foundational essays that enable researchers to define and scrutinize information, ideas, relationships, meanings and ideas within the Anthropocene concept. Questions widely debated among scientists, humanists, conservationists, politicians and others are included, providing discussion on when the Anthropocene began, what to call it, whether it should be considered an official geological epoch, whether it can be contained in time, and how it will affect future generations. Although the idea that humanity has driven the planet into a new geological epoch has been around since the dawn of the 20th century, the term ‘Anthropocene’ was only first used by ecologist Eugene Stoermer in the 1980s, and hence popularized in its current meaning by atmospheric chemist Paul Crutzen in 2000. Presents comprehensive and systematic coverage of topics related to the Anthropocene, with a focus on the Geosciences and Environmental science Includes point-counterpoint articles debating key aspects of the Anthropocene, giving users an even-handed navigation of this complex area Provides historic, seminal papers and essays from leading scientists and philosophers who demonstrate changes in the Anthropocene concept over time


Impact of Global Issues on International Trade

Impact of Global Issues on International Trade

Author: Co?kun Özer, Ahu

Publisher: IGI Global

Published: 2021-06-25

Total Pages: 291

ISBN-13: 1799883167

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International trade is vital in today’s world; international trade can be affected by a number of issues such as terrorism, economic crises, and pandemics such as COVID-19. It is crucial to understand the impact these global issues have on international trade and what happens to trade when global issues arise. A comprehensive guide of these issues is needed to provide background and understanding about international trade and its relationship with global issues. Global issues occasionally dominate a continuing theme of the international globalized world: global crises, war, security issues, global pandemics such as COVID-19, and trade wars. Global cooperation is required to solve such problems. Economically intellectual thinking will enable the development of guiding policies in solving these global problems. In this book, the effects of global issues on international trade will be evaluated, and policy recommendations will be made for the solution of the global issues. Impact of Global Issues on International Trade is a critical reference source that uses analytic research to analyze the effects of global economic and financial crises as well as global health crises and their impact on international trade. Pandemics such as the COVID-19 pandemic, the global economic crisis, and trade wars are discussed, and political suggestions are made to mitigate negative impacts. Covering a wide range of topics such as financial fragility and trade fairs, it is ideal for trade specialists, policymakers, government officials, managers, executives, economists, academicians, researchers, students, and industry professionals.


40 More Years

40 More Years

Author: James Carville

Publisher: Simon and Schuster

Published: 2009-05-05

Total Pages: 225

ISBN-13: 141659826X

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Every four years Americans hold a presidential election. Somebody wins and somebody loses. That's life. But 2008 was an anomaly. The election of President Barack Obama is about something far bigger than four or even eight years in the White House. Since 2004, Americans have been witnessing and participating in the emergence of a Democratic majority that will last not four but forty years. To understand the emergence of a lasting Democratic majority we'll first have to spend a few moments reviewing the profound and relentless incompetence of the Bush administration -- and the pursuant collapse of the Republican Party. That means looking back at the failure of Republican ideas -- including a wholesale rejection of the myth of conservative superiority on the economy -- and holding our noses long enough to survey the gallery of truly repellent scoundrels, scandals, and screwups that the Republican Party has been responsible for over the last eight years. After completing the unpleasant but edifying task of autopsying the Republican Party, we'll examine the underpinnings of Democratic victories in 2004, 2006, and 2008 -- and make the argument for why Democrats are going to keep winning. (Two words: young people.) In short, the Republicans are going to keep getting spanked again and again for forty more years because we're right and they're wrong, and Americans know it.


The Roots of Political Instability in Nigeria

The Roots of Political Instability in Nigeria

Author: Dr E C Ejiogu

Publisher: Ashgate Publishing, Ltd.

Published: 2013-03-28

Total Pages: 264

ISBN-13: 1409489213

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The constant drumbeat of headlines about Darfur, Zimbabwe, Sudan, Somalia, as well as the other states in Africa that are beleaguered by political instability have made the causes of failed states and intra-state political conflicts a major issue, both academic and practical. Using Harry Eckstein and Ted R. Gurr's congruence-consonance theoretical framework of regime classification, E.C. Ejiogu examines the internal variations of society evident in the Nigerian state to explain why the country experiences political conflict and instability. The first time this theoretical framework has been applied to an African country; E.C. Ejiogu offers a balanced and interdisciplinary analysis of the evolution in the Nigerian political system and the role played by evolved social traits in society. Exploring themes such as colonial rule and legacies, economic development, political authority and religion, Ejiogu insists that it is critical to examine Africa's diverse nationalities in terms of their geography, social, economic and authority patterns as critical elements that are disregarded in accounts of their political development. At a time when the question of state building in Africa is still unresolved, this timely book is a major contribution to the literature on transition processes in African politics and is particularly relevant to scholars and policy makers wanting to grapple with the issues associated with Africa's political disorder and the other social problems it spawns.


Food Security and Sociopolitical Stability

Food Security and Sociopolitical Stability

Author: Christopher B. Barrett

Publisher: OUP Oxford

Published: 2013-09-26

Total Pages: 510

ISBN-13: 0191668702

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Global food price spikes in 2008 and again in 2011 coincided with a surge of political unrest in low- and middle-income countries. Angry consumers took to the streets in scores of nations. In some places, food riots turned violent, pressuring governments and in a few cases contributed to their overthrow. Foreign investors sparked a new global land rush, adding a different set of pressures. With scientists cautioning that the world has entered a new era of steadily rising food prices, perhaps aggravated by climate change, the specter of widespread food insecurity and sociopolitical instability weighs on policymakers worldwide. In the past few years, governments and philanthropic foundations began redoubling efforts to resuscitate agricultural research and technology transfer, as well as to accelerate the modernization of food value chains to deliver high quality food inexpensively, faster, and in greater volumes to urban consumers. But will these efforts suffice? This volume explores the complex relationship between food security and sociopolitical stability up to roughly 2025. Organized around a series of original essays by leading global technical experts, a key message of this volume is that actions taken in an effort to address food security stressors may have consequences for food security, stability, or both that ultimately matter far more than the direct impacts of biophysical drivers such as climate or land or water scarcity. The means by which governments, firms, and private philanthropies tackle the food security challenge of the coming decade will fundamentally shape the relationship between food security and sociopolitical stability.