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Financial Stability, Economic Growth, and the Role of Law
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Financial crises have become an all too common occurrence over the past twenty years, largely as a result of changes in finance brought about by increasing inte
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The Political Dimension of Economic Growth
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The state and its institutions are crucial for economic development: for better and for worse. This insight informs this important, up-to-date and authoritative
Economic Growth & Stability
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How Does Political Instability Affect Economic Growth?
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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