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

Kód výsledku v 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>

Výsledek na webu

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DOI - Digital Object Identifier

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Jazyk výsledku

angličtina

Název v původním jazyce

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

Popis výsledku v původním jazyce

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

Název v anglickém jazyce

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

Popis výsledku anglicky

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

Druh

D - Stať ve sborníku

CEP obor

AH - Ekonomie

OECD FORD obor

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Projekt

<a href="/cs/project/7E12049" target="_blank" >7E12049: Welfare, Wealth and Work for Europe</a><br>

Návaznosti

P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)

Rok uplatnění

2012

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název statě ve sborníku

Proceedings of the 13th International Conference on Finance and Banking

ISBN

978-80-7248-753-0

ISSN

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e-ISSN

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Počet stran výsledku

12

Strana od-do

184-195

Název nakladatele

Slezská univerzita v Opavě, Obchodně podnikatelská fakulta v Karviné

Místo vydání

Karviná

Místo konání akce

Ostrava

Datum konání akce

12. 10. 2011

Typ akce podle státní příslušnosti

WRD - Celosvětová akce

Kód UT WoS článku

000309369700019