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150128 ||| eng |
| 020 |
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|a 9781484381687
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| 100 |
1 |
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|a Bernal-Verdugo, Lorenzo E.
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| 245 |
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|a The Dynamic Effect of Social and Political Instability on Output
|b The Role of Reforms
|c Lorenzo E. Bernal-Verdugo, Davide Furceri, Dominique Guillaume
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| 260 |
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|a Washington, D.C.
|b International Monetary Fund
|c 2013
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| 300 |
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|a 41 pages
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| 651 |
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4 |
|a Egypt, Arab Republic of
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| 653 |
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|a Mobility, Unemployment, and Vacancies: General
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| 653 |
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|a Macroeconomics: Consumption, Saving, Production, Employment and Investment: Other
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| 653 |
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|a Production
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| 653 |
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|a Macroeconomics: Production
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| 653 |
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|a Cycles
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| 653 |
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|a Macroeconomics
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| 653 |
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|a Business Fluctuations
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| 653 |
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|a Economic theory
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| 653 |
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|a Production growth
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| 700 |
1 |
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|a Furceri, Davide
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| 700 |
1 |
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|a Guillaume, Dominique
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| 041 |
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7 |
|a eng
|2 ISO 639-2
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| 989 |
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|b IMF
|a International Monetary Fund
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| 490 |
0 |
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|a IMF Working Papers
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| 856 |
4 |
0 |
|u https://elibrary.imf.org/view/journals/001/2013/091/001.2013.issue-091-en.xml?cid=40486-com-dsp-marc
|x Verlag
|3 Volltext
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| 082 |
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|a 330
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| 520 |
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|a 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
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