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Description
| - The growth theory of new political economics defines some factors that are necessary for economic growth among which political stability. There are distinguished two types of political instability -- elite and non-elite -- in topical literature. While non-elite political instability concerns about violent coups, riots or civil wars, elite political instability is represented with %22soft changes%22 such as government breakdowns, fragile majority or minority governments. We don't doubt the importance of general political stability for successful economic development. Nevertheless, we don't agree that elite political instability can be understood as an insuperable obstacle for it. Thus, the aim of the paper is to reject the hypothesis that elite political stability is a necessary condition for economic growth. The rejection of the hypothesis has crucial implications both for theory evolution and econo-political decision-making. Our thesis is demonstrated on panel data from the Baltic states where a number of government changes takes place and still fast economic growth could be seen within last two decades.
- The growth theory of new political economics defines some factors that are necessary for economic growth among which political stability. There are distinguished two types of political instability -- elite and non-elite -- in topical literature. While non-elite political instability concerns about violent coups, riots or civil wars, elite political instability is represented with %22soft changes%22 such as government breakdowns, fragile majority or minority governments. We don't doubt the importance of general political stability for successful economic development. Nevertheless, we don't agree that elite political instability can be understood as an insuperable obstacle for it. Thus, the aim of the paper is to reject the hypothesis that elite political stability is a necessary condition for economic growth. The rejection of the hypothesis has crucial implications both for theory evolution and econo-political decision-making. Our thesis is demonstrated on panel data from the Baltic states where a number of government changes takes place and still fast economic growth could be seen within last two decades. (en)
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Title
| - Is Political Stability a Necessary Condition for Economic Growth? An Empirical Evidence from the Baltic States
- Is Political Stability a Necessary Condition for Economic Growth? An Empirical Evidence from the Baltic States (en)
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skos:prefLabel
| - Is Political Stability a Necessary Condition for Economic Growth? An Empirical Evidence from the Baltic States
- Is Political Stability a Necessary Condition for Economic Growth? An Empirical Evidence from the Baltic States (en)
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skos:notation
| - RIV/62156489:43110/11:00203910!RIV14-MSM-43110___
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http://linked.open...avai/riv/aktivita
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http://linked.open...avai/riv/aktivity
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http://linked.open...vai/riv/dodaniDat
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http://linked.open...aciTvurceVysledku
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http://linked.open.../riv/druhVysledku
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http://linked.open...iv/duvernostUdaju
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http://linked.open...titaPredkladatele
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http://linked.open...dnocenehoVysledku
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http://linked.open...ai/riv/idVysledku
| - RIV/62156489:43110/11:00203910
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http://linked.open...riv/jazykVysledku
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http://linked.open.../riv/klicovaSlova
| - Baltic states; new political economics; single equation; elite political instability; production function; political instability (en)
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http://linked.open.../riv/klicoveSlovo
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http://linked.open...ontrolniKodProRIV
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http://linked.open...v/mistoKonaniAkce
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http://linked.open...i/riv/mistoVydani
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http://linked.open...i/riv/nazevZdroje
| - 3rd International Conference %22Economies of Central and Eastern Europe: Convergence, Opportunities and Challanges%22 Conference Proceedings
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http://linked.open...in/vavai/riv/obor
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http://linked.open...ichTvurcuVysledku
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http://linked.open...cetTvurcuVysledku
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http://linked.open...UplatneniVysledku
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http://linked.open...iv/tvurceVysledku
| - Grochová, Ladislava
- Kouba, Luděk
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http://linked.open...vavai/riv/typAkce
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http://linked.open.../riv/zahajeniAkce
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http://linked.open...n/vavai/riv/zamer
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number of pages
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http://purl.org/ne...btex#hasPublisher
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https://schema.org/isbn
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http://localhost/t...ganizacniJednotka
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