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  • Political instability is a traditional theme of the new political economics growth theory. The thematic literatures usually distinguish two kinds of political instability: non-elite political instability (violent coups, riots, revolutions, civil wars) and elite political instability (cabinet changes, government crises, instability because of minority governments). Our literature review shows that both non-elite and elite political instability is often argued to be a serious obstacle for economic development. While we don't question the importance of general political stability, we don't agree that elite political instability is an insuperable obstacle for prosperity. To cast a doubt on the general validity of the hypothesis that elite political stability is a necessary condition for economic growth is the main aim of this paper.
  • Political instability is a traditional theme of the new political economics growth theory. The thematic literatures usually distinguish two kinds of political instability: non-elite political instability (violent coups, riots, revolutions, civil wars) and elite political instability (cabinet changes, government crises, instability because of minority governments). Our literature review shows that both non-elite and elite political instability is often argued to be a serious obstacle for economic development. While we don't question the importance of general political stability, we don't agree that elite political instability is an insuperable obstacle for prosperity. To cast a doubt on the general validity of the hypothesis that elite political stability is a necessary condition for economic growth is the main aim of this paper. (en)
Title
  • Elite Political Instability and Economic Growth: An Empirical Evidence from the Baltic States
  • Elite Political Instability and Economic Growth: An Empirical Evidence from the Baltic States (en)
skos:prefLabel
  • Elite Political Instability and Economic Growth: An Empirical Evidence from the Baltic States
  • Elite Political Instability and Economic Growth: An Empirical Evidence from the Baltic States (en)
skos:notation
  • RIV/62156489:43110/13:00218089!RIV15-MSM-43110___
http://linked.open...avai/riv/aktivita
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  • P(7E12049)
http://linked.open...vai/riv/dodaniDat
http://linked.open...aciTvurceVysledku
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  • 72599
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  • RIV/62156489:43110/13:00218089
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  • economic growth; non-elite political stability; elite political stability (en)
http://linked.open.../riv/klicoveSlovo
http://linked.open...ontrolniKodProRIV
  • [B3FACC481980]
http://linked.open...i/riv/mistoVydani
  • Greece: Athens
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  • Essays on Growth, Development and Finance
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http://linked.open...UplatneniVysledku
http://linked.open...iv/tvurceVysledku
  • Kouba, Luděk
  • Issever Grochová, Ladislava
number of pages
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  • Athens Institute for Education and Research
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  • 978-6-18-506517-1
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  • 43110
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