The most of Sub-Saharan African (SSA) countries have been affected by climate change and food insecurity problems due to the reduction of production and productivity of cereal crops in the continent. The purpose of this research was to examine the short-run and long-run effects of climate change...

The Middle East region is recognized by observers as one of the most politically unstable areas worldwide. Due to the significant growth of foreign direct investment in the MENA region during the period before the recent political turmoil, this study empirically tests the impact of these...

In this paper, we revisit and examine the effect of political instability on institutional quality. To this end, we exploit the crackdown of government cabinet in 2008 that led to almost two decades of pervasive political instability using the unique case of Slovenia and estimate the average...

Home to more than 1 billion people, the 39 emerging market and developing economies (EMDEs) classified as being in fragile and conflict-affected situations (FCS) are plagued by instability and weak institutions. This hinders their ability to attain the robust, sustained economic growth needed...

Taxation is often described as the material expression of the social contract. However, this conceptualization largely reflects the Anglo-European experience and provides limited explanatory power for analysing taxation in African states, which did not experience the type of state-society...

The entire world has been trying to expedite the transition to digital governance since it escalates the efficiency of an economy. However, the impacts of digital governance on natural resources are not well-explored. Given this background, this study intends to probe the dynamic effect of...

The impact of political stability and economic growth on foreign direct investment (FDI) is analysed using a quantitative regression approach in countries of the Gulf Cooperation Council (GCC).The study used panel data covering the period 1995-2020, involving six GCC countries, and applied...

Frequent political uncertainty, governance challenges, financial inaccessibility, and inconsistent policy environments in South Asian countries undermine investor confidence and obstruct the development of capital markets. Thus, this study is motivated to investigate the long-term and short-term...

This study examines the role of cable-based economic policy uncertainty (TV-EPU) in predicting the dynamic interconnectedness among various asset classes. Initially, a quantile-based vector autoregressive (QVAR) connectedness approach is employed to calculate the systemic risk spillovers during...

This research examines impacts of austerity on the political instability in the European Union, defined as elevated levels of electoral volatility and ideological polarization. By analyzing macroeconomic theories that elucidate the effects of austerity on citizens' wealth and the national...

This study explores how energy price inflation affects supply chain pressures under different levels of political uncertainty. Using local projection impulse-response functions, we examine the effects of oil price shocks under two regimes: one with above-average levels of political uncertainty...

This paper empirically examines how foreign technologies impact firms' product innovation; specifically, we consider the moderating effects of perceived political instability and informal competition. This study uses the strategy tripod view theory to develop a novel theoretical model to explain...

Purpose - Political factors play a crucial role in China's initial public offering (IPO) market due to its distinctive institutional context (i.e. "economic decentralization" and "political centralization"). Given the significant level of IPO underpricing in China, we examine the impact of local...

With the Green Deal and the energy crisis caused by Russia's war in Ukraine, the EU has accelerated the transition towards importing renew able energy, including green hydrogen, from North Africa. EU decision-makers portray the energy transition as a win-win situation, while civil society actors...

While international cross-listing locations in host countries have been identified as integral to firm valuation gains, the influence of the home country information environment on firm financial market integration remains underexplored. This study examined how political stability, government...

The international context is changing profoundly, owing to rising autocratisation and the return of international war. These transformations also impact the long-standing problem of state fragility. The IDOS Constellations of State Fragility (CSF) provides a differentiated model to measure state...

Although there is valuable literature on areas of corruption, such as political and corporate corruption, a limited number of papers have examined the determinants of administrative corruption. To the best of our knowledge, the multivariate impacts of political instability and institutional...