Financial Crisis, Elite Political Instability and Economic Growth in Central and Eastern European Countries

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F62156489%3A43110%2F12%3A43908757" target="_blank" >RIV/62156489:43110/12:43908757 - isvavai.cz</a>
Result on the web
—
DOI - Digital Object Identifier
—

Result language
angličtina
Original language name
Financial Crisis, Elite Political Instability and Economic Growth in Central and Eastern European Countries
Original language description
The new political economics growth theory defines some factors that are necessary for economic growth. Often mentioned factor - political (in)stability is discussed in this paper. There are distinguished two types of political instability - elite and non-elite - in topical literature. While non-elite political instability concerns about violent coups, riots or civil wars, elite political instability is represented with "soft changes" such as government breakdowns, fragile majority or minority governments. Recent financial and economic crisis bringing serious features of political instability in many European countries is a challenge to verify, and possibly redefine some theoretical concepts. The aim of our paper is to discuss these issues on the example of GEE countries. The paper uses a single-equation model to reject a hypothesis that elite political instability is an insuperable obstacle to economic development. The model has a form of augmented production function and includes grow
Czech name
—
Czech description
—

Project
<a href="/en/project/7E12049" target="_blank" >7E12049: Welfare, Wealth and Work for Europe</a><br>
Continuities
P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)

Publication year
2012
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection
Proceedings of the 13th International Conference on Finance and Banking
ISBN
978-80-7248-753-0
ISSN
—
e-ISSN
—
Number of pages
12
Pages from-to
184-195
Publisher name
Slezská univerzita v Opavě, Obchodně podnikatelská fakulta v Karviné
Place of publication
Karviná
Event location
Ostrava
Event date
Oct 12, 2011
Type of event by nationality
WRD - Celosvětová akce
UT code for WoS article
000309369700019

Similar results(10)