Political Instability

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Taner M Yigit - One of the best experts on this subject based on the ideXlab platform.

  • the effects of transition and Political Instability on foreign direct investment inflows central europe and the balkans
    Economics of Transition, 2006
    Co-Authors: Josef C Brada, Ali M Kutan, Taner M Yigit
    Abstract:

    This paper examines the effects of transition and of Political Instability on foreign direct investment (FDI) flows to the transition economies of Central Europe, the Baltics and the Balkans. We find that FDI flows to transition economies unaffected by conflict and Political Instability exceed those that would be expected for comparable West European countries. Success with stabilization and reform increased the volume of FDI inflows. In the case of Balkan counties, conflict and Instability reduced FDI inflows below what one would expect for comparable West European countries, and reform and stabilization failures further reduced FDI to the region. Thus, we find that the economic costs of Instability in the Balkans in terms of foregone FDI have been quite high. JEL classifications: F21, F23, P52.

  • the effects of transition and Political Instability on foreign direct investment inflows central europe and the balkans
    Research Papers in Economics, 2004
    Co-Authors: Josef C Brada, Ali M Kutan, Taner M Yigit
    Abstract:

    In this paper we estimate the effects of transition and Political Instability in the Eastern European and Balkan transition countries on their FDI inflows. For transition countries unaffected by Political Instability, FDI inflows in the 1990s were around 20 to 30% of those achieved by European market economies with similar economic characteristics. Progress with transition and reform increased transition economies’ ability to achieve their potential FDI inflows, but because of their progress in stabilization and macroeconomic performance, this transition gap was not closed very much in the 1990s. The Balkan countries also suffered additional shorfalls in FDI due to Political Instability. Our estimates show that these shortfalls were large.

  • the effects of transition and Political Instability on foreign direct investment inflows central europe and the balkans
    Social Science Research Network, 2004
    Co-Authors: Josef C Brada, Ali M Kutan, Taner M Yigit
    Abstract:

    This paper examines the effect of transition and of Political Instability on FDI flows to the transition economies of Central Europe, the Baltics and the Balkans. We find that FDI to transition economies unaffected by conflict and Political Instability exceed those that would be expected for comparable West European countries. Success with stabilization and reform tends to increase FDI inflows. In the case of Balkan counties, conflict and Instability have reduced FDI inflows below what one would expect for comparable West European countries, and reform and stabilization failures have further reduced FDI to the region. Thus the economic costs of Instability in the Balkans have been quite high.

Joshua Galjour - One of the best experts on this subject based on the ideXlab platform.

  • chronic Political Instability and hiv aids response in guinea bissau a qualitative study
    Infectious Diseases of Poverty, 2021
    Co-Authors: Joshua Galjour, Philip J Havik, Peter Aaby, Amabelia Rodrigues, Laura Hoemeke, Michael J Deml, Jinkou Zhao, Emmanuel Kabengele Mpinga
    Abstract:

    The Republic of Guinea-Bissau in West Africa has a high HIV/AIDS disease burden and has experienced Political Instability in the recent past. Our study used qualitative methods to better understand key stakeholders’ perceptions of the effects of chronic Political Instability on the HIV/AIDS response in Guinea-Bissau from 2000 to 2015 and lessons learned for overcoming them. Seventeen semi-structured in-depth key informant interviews were conducted in Bissau, Guinea-Bissau in 2018. Interviews were recorded and transcribed verbatim, coded thematically, and analyzed inductively. Four themes emerged: (1) constantly start over; (2) the effects of Instability rippling from central level throughout the health pyramid; (3) vulnerable populations becoming more vulnerable; and (4) coping mechanisms. Stakeholders from government, civil society, and donor organizations have recognized Instability’s effects as a barrier to mounting an effective local response to HIV/AIDS in Guinea-Bissau. To mitigate the effects of the country’s Political Instability on the health sector, concerted efforts should be made to strengthen the capacities of health officials within the Ministry of Health to shield them from the effects of the country’s Political Instability.

Alastair Smith - One of the best experts on this subject based on the ideXlab platform.

  • dual layered coordination and Political Instability repression co optation and the role of information
    The Journal of Politics, 2018
    Co-Authors: Scott A Tyson, Alastair Smith
    Abstract:

    We study coordination dynamics in the context of two groups under the shadow of Political Instability. One group (regime opponents) prefers a change in regime and can participate in an attack, whic...

  • dual layered coordination and Political Instability repression co optation and the role of information
    The Journal of Politics, 2018
    Co-Authors: Scott A Tyson, Alastair Smith
    Abstract:

    We study coordination dynamics in the context of two groups under the shadow of Political Instability. One group (regime opponents) prefers a change in regime and can participate in an attack, which if sufficiently large, causes regime change. The other group (regime adherents) prefers the status quo and can support the regime, making it more resistant to attack. We derive and analyze the endogenously determined strength of the regime and isolate the strategic feedback between opponent coordination and adherent coordination. Because of this interrelated coordination dynamic we find that repression and co-optation are substitutes. In addition, we show that coordination frictions between regime adherents intensify the already disproportionate impact of public information. Moreover, public information affects individual actions in each group identically, regardless of disparities in the quality of private information available to members of each group. This implies that it is the least well-informed that det...

Nauro F Campos - One of the best experts on this subject based on the ideXlab platform.

  • international terrorism domestic Political Instability and the escalation effect
    Economics and Politics, 2013
    Co-Authors: Nauro F Campos, Martin Gassebner
    Abstract:

    What are the main causes of international terrorism? Despite the meticulous examination of various candidate explanations, existing estimates still diverge in sign, size, and significance. This article puts forward a novel explanation and supporting evidence. We argue that domestic Political Instability provides the learning environment needed to successfully execute international terror attacks. Using a yearly panel of 123 countries over 1973–2003, we find that the occurrence of civil wars increases fatalities and the number of international terrorist acts by 45%. These results hold for alternative indicators of Political Instability, estimators, subsamples, subperiods, and accounting for competing explanations.

  • international terrorism Political Instability and the escalation effect
    Research Papers in Economics, 2009
    Co-Authors: Nauro F Campos, Martin Gassebner
    Abstract:

    What are the main causes of international terrorism? The lessons from the surge of academic research that followed 9/11 remain elusive. The careful investigation of the relative roles of economic and Political conditions did little to change the fact that existing econometric estimates diverge in size, sign and significance. In this paper we present a new rationale (the escalation effect) stressing domestic Political Instability as the main reason for international terrorism. Econometric evidence from a panel of more than 130 countries (yearly from 1968 to 2003) shows this to be a much more promising avenue for future research than the available alternatives.

  • two to tangle financial development Political Instability and economic growth in argentina 1896 2000
    Research Papers in Economics, 2008
    Co-Authors: Nauro F Campos, Menelaos Karanasos, Bin Tan
    Abstract:

    This paper investigates the effects of financial development and Political Instability on economic growth in a power-ARCH framework with data for Argentina from 1896 to 2000. Our findings suggest that (i) informal or unanticipated Political Instability (e.g., guerrilla warfare) has a direct negative impact on growth; (ii) formal or anticipated Instability (e.g., cabinet changes) has an indirect (through volatility) impact on growth; (iii) the effect of financial development is positive and, surprisingly, not via volatility; (iv) the informal Instability effects are much larger in the short- than in the long-run; and (v) the impact of financial development on economic growth is negative in the short- but positive in the long-run.

  • aggregate investment and Political Instability an econometric investigation
    Economica, 2003
    Co-Authors: Nauro F Campos, Jeffrey B Nugent
    Abstract:

    Although in theory the long-run effect of uncertainty on investment is ambiguous, available econometric evidence widely supports a negative association between aggregate investment and Political Instability. A shortcoming of this body of evidence is that it has failed to investigate the existence and direction of causality between these two variables. This paper fills this gap by testing for such causal and negative long-run relationship between Political Instability and investment. We find there is a causal relation going from Instability to investment, but it is positive and particularly strong in low-income countries. This finding is robust to various sensitivity checks.

  • who is afraid of Political Instability
    Journal of Development Economics, 2002
    Co-Authors: Nauro F Campos, Jeffrey B Nugent
    Abstract:

    Abstract An unstable macroeconomic environment is often regarded as detrimental to economic growth. Among the sources contributing to such Instability, much of the blame has been assigned to Political issues. This paper empirically tests for a causal and negative long-run relation between Political Instability and economic growth but finds no evidence of such a relationship. Sensitivity analysis indicates that there is a contemporaneous negative relationship but also that, in the long run and ignoring institutional factors, the group of African countries plays the determining role.

Christopher Williams - One of the best experts on this subject based on the ideXlab platform.

  • Political Instability pro business market reforms and their impacts on national systems of innovation
    Research Policy, 2012
    Co-Authors: Gayle Allard, Candace A Martinez, Christopher Williams
    Abstract:

    We investigate the impacts of Political Instability and pro-business market reforms on national systems of innovation (NSI) across a range of developing and developed countries. Evidence suggests that national systems of innovation are most likely to flourish in developed, Politically stable countries and less likely to prosper in historically unstable countries. While research has shown that pro-business market reforms can be a valuable policy instrument to boost economic development in less developed countries, the extent to which these reforms affect a country's innovativeness has been neglected in the literature. In particular, the degree to which pro-business market reforms may compensate for Political Instability when it comes to fostering national systems of innovation remains under-researched. Our findings support established arguments concerning the strong influence of Political Instability on inputs to national innovation systems. We find, however, mixed effects for pro-business market reforms. While results indicate a negative direct influence on NSI, they consistently show a strong moderating effect that counterbalances the negative impact of Political Instability, especially in those developing country environments where science and technology are lagging. These results provide important implications for policymakers as well as for our understanding of emerging and transition economies and national technological capability.

  • Political Instability pro business market reforms and their impacts on national systems of innovation
    Research Policy, 2012
    Co-Authors: Gayle Allard, Candace A Martinez, Christopher Williams
    Abstract:

    Abstract We investigate the impacts of Political Instability and pro-business market reforms on national systems of innovation (NSI) across a range of developing and developed countries. Evidence suggests that national systems of innovation are most likely to flourish in developed, Politically stable countries and less likely to prosper in historically unstable countries. While research has shown that pro-business market reforms can be a valuable policy instrument to boost economic development in less developed countries, the extent to which these reforms affect a country's innovativeness has been neglected in the literature. In particular, the degree to which pro-business market reforms may compensate for Political Instability when it comes to fostering national systems of innovation remains under-researched. Our findings support established arguments concerning the strong influence of Political Instability on inputs to national innovation systems. We find, however, mixed effects for pro-business market reforms. While results indicate a negative direct influence on NSI, they consistently show a strong moderating effect that counterbalances the negative impact of Political Instability, especially in those developing country environments where science and technology are lagging. These results provide important implications for policymakers as well as for our understanding of emerging and transition economies and national technological capability.