The Dynamic Effect of Social and Political Instability on Output: The Role of Reforms
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 o...
Gespeichert in:
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Washington, D.C
International Monetary Fund
2013
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Schriftenreihe: | IMF Working Papers
Working Paper No. 13/91 |
Online-Zugang: | UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext |
Zusammenfassung: | 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 |
Beschreibung: | 1 Online-Ressource (41 p) |
ISBN: | 1484381688 9781484381687 |
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index_date | 2024-07-03T20:13:15Z |
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spelling | Bernal-Verdugo, Lorenzo E. Verfasser aut The Dynamic Effect of Social and Political Instability on Output The Role of Reforms Bernal-Verdugo, Lorenzo E Washington, D.C International Monetary Fund 2013 1 Online-Ressource (41 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 13/91 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 Online-Ausg Furceri, Davide Sonstige oth Guillaume, Dominique M. Sonstige oth http://elibrary.imf.org/view/IMF001/20431-9781484381687/20431-9781484381687/20431-9781484381687.xml Verlag URL des Erstveröffentlichers Volltext |
spellingShingle | Bernal-Verdugo, Lorenzo E. The Dynamic Effect of Social and Political Instability on Output The Role of Reforms |
title | The Dynamic Effect of Social and Political Instability on Output The Role of Reforms |
title_auth | The Dynamic Effect of Social and Political Instability on Output The Role of Reforms |
title_exact_search | The Dynamic Effect of Social and Political Instability on Output The Role of Reforms |
title_exact_search_txtP | The Dynamic Effect of Social and Political Instability on Output The Role of Reforms |
title_full | The Dynamic Effect of Social and Political Instability on Output The Role of Reforms Bernal-Verdugo, Lorenzo E |
title_fullStr | The Dynamic Effect of Social and Political Instability on Output The Role of Reforms Bernal-Verdugo, Lorenzo E |
title_full_unstemmed | The Dynamic Effect of Social and Political Instability on Output The Role of Reforms Bernal-Verdugo, Lorenzo E |
title_short | The Dynamic Effect of Social and Political Instability on Output |
title_sort | the dynamic effect of social and political instability on output the role of reforms |
title_sub | The Role of Reforms |
url | http://elibrary.imf.org/view/IMF001/20431-9781484381687/20431-9781484381687/20431-9781484381687.xml |
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