Political Instability and Economic Vulnerability

Political Instability and Economic Vulnerability
This paper analyzes and tests the influence of political instability on economic vulnerability in the context of the 1994 and 1997 crises episodes. It constructs four political variables that aim at quantifying political instability. The paper finds that for countries with weak economic fundamentals and low reserves, political instability has a... READ MORE...

Publication date: April 1999
ISBN 9781451846539
$15.00

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