The Dynamic Effect of Social and Political Instability on Output

The Dynamic Effect of Social and Political Instability on Output PDF

Author: Mr.Lorenzo E. Bernal-Verdugo

Publisher: International Monetary Fund

Published: 2013-04-23

Total Pages: 41

ISBN-13: 1484339266

DOWNLOAD EBOOK →

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.

The Dynamic Effect of Social and Political Instability on Output

The Dynamic Effect of Social and Political Instability on Output PDF

Author: Mr.Lorenzo E. Bernal-Verdugo

Publisher: International Monetary Fund

Published: 2013-04-23

Total Pages: 41

ISBN-13: 1484381688

DOWNLOAD EBOOK →

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.

How Does Political Instability Affect Economic Growth?

How Does Political Instability Affect Economic Growth? PDF

Author: Mr.Ari Aisen

Publisher: International Monetary Fund

Published: 2011-01-01

Total Pages: 30

ISBN-13: 1455211907

DOWNLOAD EBOOK →

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.

Building Integrated Economies in West Africa

Building Integrated Economies in West Africa PDF

Author: Mr.Alexei P Kireyev

Publisher: International Monetary Fund

Published: 2016-04-13

Total Pages: 404

ISBN-13: 1513511831

DOWNLOAD EBOOK →

The West African Economic and Monetary Union (WAEMU) has a long and varied history, and this book examines how the WAEMU can achieve its development and stability objectives, improve the livelihood of its people, and enhance the inclusiveness of its economic growth, all while preserving its financial stability, enhancing its competitiveness, and maintaining its current fixed exchange rates.

West African Economic and Monetary Union (WAEMU)

West African Economic and Monetary Union (WAEMU) PDF

Author: International Monetary Fund. African Dept.

Publisher: International Monetary Fund

Published: 2014-03-21

Total Pages: 87

ISBN-13: 1475577605

DOWNLOAD EBOOK →

This West African Economic and Monetary Union (WAEMU) IMF staff report focuses on common policies for member countries. The region continued to experience a strong upswing in 2013, and the immediate outlook is for further vigorous growth and moderate inflation. Delays in implementing reforms, at both the national and regional levels, are the principal medium-term risk. It highlights that with continued strong growth projected for the region, countries are encouraged to seek opportunities to strengthen fiscal sustainability while maintaining public investment efforts.

Guinea-Bissau

Guinea-Bissau PDF

Author: International Monetary Fund. African Dept.

Publisher: International Monetary Fund

Published: 2013-07-03

Total Pages: 75

ISBN-13: 1484319966

DOWNLOAD EBOOK →

The staff report for the 2013 Article IV Consultation on Guinea-Bissau highlights the economic development and policies. Guinea-Bissau’s medium-term challenges are to diversify its economy, reduce widespread poverty, and generate employment opportunities. Recurrent internal conflicts have negatively affected economic growth, poverty reduction, and social advancement in Guinea-Bissau. The economic performance will depend critically on establishing a visibly inclusive political process while moving toward demobilization, and professionalization of the military forces. In the baseline, uncertainties about implementation of those conditions suggest scope for only a slow and weak recovery, leaving real per capita incomes below 2011 levels until at least 2016.

IMF Research Bulletin June 2013

IMF Research Bulletin June 2013 PDF

Author: Mr.Ayhan Kose

Publisher: International Monetary Fund

Published: 2013-06-20

Total Pages: 14

ISBN-13: 1484322592

DOWNLOAD EBOOK →

The June issue of the IMF Research Bulletin looks at the role of IMF programs and capacity building in fostering structural reforms and the economics of Arab countries undergoing political transitions. The Q&A analyzes the neutral interest rate through the experiences of several Latin American countries. The Research Bulletin also includes its regular features: a listing of IMF Working Papers and Staff Discussion Notes, information on the forthcoming IMF Economic Review and the Fourteenth Jacques Polack Annual Research Conference, and recommended readings from IMF Publications.

Global Trends 2040

Global Trends 2040 PDF

Author: National Intelligence Council

Publisher: Cosimo Reports

Published: 2021-03

Total Pages: 158

ISBN-13: 9781646794973

DOWNLOAD EBOOK →

"The ongoing COVID-19 pandemic marks the most significant, singular global disruption since World War II, with health, economic, political, and security implications that will ripple for years to come." -Global Trends 2040 (2021) Global Trends 2040-A More Contested World (2021), released by the US National Intelligence Council, is the latest report in its series of reports starting in 1997 about megatrends and the world's future. This report, strongly influenced by the COVID-19 pandemic, paints a bleak picture of the future and describes a contested, fragmented and turbulent world. It specifically discusses the four main trends that will shape tomorrow's world: - Demographics-by 2040, 1.4 billion people will be added mostly in Africa and South Asia. - Economics-increased government debt and concentrated economic power will escalate problems for the poor and middleclass. - Climate-a hotter world will increase water, food, and health insecurity. - Technology-the emergence of new technologies could both solve and cause problems for human life. Students of trends, policymakers, entrepreneurs, academics, journalists and anyone eager for a glimpse into the next decades, will find this report, with colored graphs, essential reading.

The Economic Impact of Conflicts and the Refugee Crisis in the Middle East and North Africa

The Economic Impact of Conflicts and the Refugee Crisis in the Middle East and North Africa PDF

Author: Mr.Bjoern Rother

Publisher: International Monetary Fund

Published: 2016-09-16

Total Pages: 43

ISBN-13: 1475535783

DOWNLOAD EBOOK →

In recent decades, the Middle East and North Africa region (MENA) has experienced more frequent and severe conflicts than in any other region of the world, exacting a devastating human toll. The region now faces unprecedented challenges, including the emergence of violent non-state actors, significant destruction, and a refugee crisis bigger than any since World War II. This paper raises awareness of the economic costs of conflicts on the countries directly involved and on their neighbors. It argues that appropriate macroeconomic policies can help mitigate the impact of conflicts in the short term, and that fostering higher and more inclusive growth can help address some of the root causes of conflicts over the long term. The paper also highlights the crucial role of external partners, including the IMF, in helping MENA countries tackle these challenges.

The Oxford Handbook of Social and Political Trust

The Oxford Handbook of Social and Political Trust PDF

Author: Eric M. Uslaner

Publisher: Oxford University Press

Published: 2018-01-02

Total Pages: 752

ISBN-13: 0190274816

DOWNLOAD EBOOK →

This volume explores the foundations of trust, and whether social and political trust have common roots. Contributions by noted scholars examine how we measure trust, the cultural and social psychological roots of trust, the foundations of political trust, and how trust concerns the law, the economy, elections, international relations, corruption, and cooperation, among myriad societal factors. The rich assortment of essays on these themes addresses questions such as: How does national identity shape trust, and how does trust form in developing countries and in new democracies? Are minority groups less trusting than the dominant group in a society? Do immigrants adapt to the trust levels of their host countries? Does group interaction build trust? Does the welfare state promote trust and, in turn, does trust lead to greater well-being and to better health outcomes? The Oxford Handbook of Social and Political Trust considers these and other questions of critical importance for current scholarly investigations of trust.