Title
The impact of socio-economic factors on political instability: A cross-country analysis
Abstract
We argue that political instability is a good indicator of disturbances in development. Moreover we argue that the causality between the political instability and the economic growth is often mistaken to run from instability to growth. Thus we tested the hypothesis that political instability is dependent on economic growth and its underlying economic and social determinants, as well as the nature of the political system present in the country. 122 countries were considered in our study in the period between 1960 and 1988. Our results confirmed that several socio-economic factors including income growth rate, initial income level, and the nature of political regime affect political instability.
Department(s)
Agribusiness, Education, and Communication
Document Type
Article
DOI
https://doi.org/10.1016/j.socec.2008.04.007
Keywords
development, economic growth, political instability, socio-economic factors
Publication Date
2008
Recommended Citation
Miljkovic, Dragan, and Arbindra Rimal. "The impact of socio-economic factors on political instability: A cross-country analysis." The Journal of Socio-Economics 37, no. 6 (2008): 2454-2463.
Journal Title
The Journal of Socio-Economics
