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The golden hello and political transitions

Aidt, Toke; Albornoz, Facundo; Gassebner, Martin - 2012

We analyze the influence of IMF and World Bank programs on political regime transitions. We develop an extended version … have taken place. We test this unexplored implication of the theory empirically. We find in a world sample from 1970 to … transitions ; democracy ; autocracy ; IMF ; World Bank …

Persistent link: https://www.econbiz.de/10009630635

How I learned to stop worrying and love the crisis

Fidrmuc, Jan; Tichit, Ariane - 2012

We investigate the effects of economic crises on the subsequent economic performance, economic reform, democratization …

Persistent link: https://www.econbiz.de/10009488896

Politics-business interaction paths

Belloc, Marianna; Pagano, Ugo - 2009

Most pre-crisis explanations of the various corporate governance systems have considered the separation between ownership and control to be an advantage of the Anglo-American economies. They have also attributed the failure of other countries to achieve these efficient arrangements to their...

Persistent link: https://www.econbiz.de/10003923223

Democratic tipping points

Ciccone, Antonio - 2018

democratization. I think of situations where this is a possibility as democratic tipping points. The transitory events I focus on are … rainfall shocks in the most agricultural countries in the world. I show that while these shocks only affect agricultural output …

Persistent link: https://www.econbiz.de/10011809938

The democratic window of opportunity : evidence from riots in sub-Saharan Africa

Aidt, Toke; Leon, Gabriel - 2014

We show that drought-induced changes in the intensity of riots lead to moves towards democracy in sub-Saharan Africa, and that these changes are often a result of concessions made as a result of the riots. This provides evidence that low-intensity conflict can have a substantial short-run impact...

Persistent link: https://www.econbiz.de/10010375173

Russian society, democratic values, and the legacy of the early-1990s economic shock

Alexeev, Michael V.; Pyle, William; Wang, Jiaan - 2025

Although it has been speculated that the pain and dislocation of the early 1990s left Russians with an abiding distaste for the values that animated the transition from communism, the quantitative evidence for a lasting effect is thin. Drawing on a large, regionally representative survey from...

Persistent link: https://www.econbiz.de/10015455085

The political costs of oil price shocks

Arezki, Rabah; Djankov, Simeon; Nguyen, Ha; Yotzov, Ivan - 2022

We explore the effect of oil import price shocks on political outcomes using a worldwide dataset on elections of chief executives. Oil import price shocks cause a reduction in the odds of reelection of incumbents, an increase in media chatter about fuel prices, and an increase in non-violent...

Persistent link: https://www.econbiz.de/10013205030

Autocratic transitions and growth

Nannicini, Tommaso; Ricciuti, Roberto - 2010

In this paper we use a transparent statistical methodology - synthetic control methods - to implement data-driven comparative studies about the impact of autocratic transition on real per capita GDP. The applied methodology compares the growth of countries that experienced a transition to...

Persistent link: https://www.econbiz.de/10003939967

Roots of autocracy

Galor, Oded; Klemp, Marc P. B. - 2017

Exploiting a novel geo-referenced data set of population diversity across ethnic groups, this research advances the hypothesis and empirically establishes that variation in population diversity across human societies, as determined in the course of the exodus of human from Africa tens of...

Persistent link: https://www.econbiz.de/10011645955

Commodity price volatility, democracy and economic growth

Arezki, Rabah; Thorvaldur Gylfason - 2011

We use a new dataset on non-resource GDP to examine the impact of commodity price volatility on economic growth in a panel of up to 158 countries during the period 1970-2007. Our main finding is that commodity price volatility leads to a significant increase in non-resource GDP growth in...

Persistent link: https://www.econbiz.de/10009355147