9 Does Economic Growth Lead to Political Stability ?
نویسنده
چکیده
There are two contradictory answers to the question in the title. The first is the good growth hypothesis: economic growth generates higher incomes, which should make people approve of the government. Hence growth generates stability. The second is the destabilizing growth hypothesis: growth generates complex changes in society, and therefore instability. A part of the instability will be political, so that where the political system is not well established, growth could lead to political instability. Much has been written in defence of both positions. The problem is that there is scant evidence, and most of it is anecdotal. The aim of this chapter is to sift through the evidence and analyse the theory. It is intended to be easily accessible to both economists and political scientists, so we shall limit ourselves to examining three main themes (T1, T2 and T3), where there is a large body of literature which falls squarely between economics and political science:
منابع مشابه
Does Institutions Matter for Economic Development? Evidence for ASEAN Selected Countries
Abstract The theoretical and applied issues of the relationship between institutions and economic growth have thoroughly been examined in ASEAN countries. This study revisits the issue and tests the role of institutions in the economic growth using the World Governance Indicators (WGI) and uses a new method to examine the impact of the various institutions on the economic growth. We used dynam...
متن کاملDoes an Economic and Political Affairs Matter in Determining the Tax Revenue of Jammu and Kashmir State (India): An Approach through VECM Model
T he state of Jammu & Kashmir is one of the special category states of India, that faces a severe resource crunch on the one hand and an explosive public expenditure trend on the other hand. The inability of the state government to raise adequate resources of its own cast’s serious doubt about the tax efforts carried out by the government from time to time. Against this background, t...
متن کاملChina’s Energy Strategy on the Middle East
China is a vast and overpopulated country in the eastern Asia whose energy security and supply is the most important factor of economic growth and consequently, economic, social and political security. By the past decades, its leaders have understood the key role of economic growth and development in the economic and political security of china. Thus, they have put all their concentration on th...
متن کاملInflation, Inflation Uncertainty, Political Stability, and Economic Growth
Several authors report regressions where inflation slows economic growth. These results have been criticized because of their sensitivity to the sample analyzed and because there does not appear to be a strong theoretical reason for believing that inflation significantly lowers growth. Indeed, researchers have suggested that inflation proxies for inflation uncertainty or poor economic policy. M...
متن کاملPolitical-Economic Cognition of China as a Geopolitical Power in Southeast Asia
Introduction: The economic growth and development of Asian countries, which began in the late 1970s were so rapid, so that at the end of the 20th century, in addition to Japan as the Asian economic giant, several other Asian countries, including China and India, were among the major economies. It can be said the most important factor influencing the rise of Asian countries and their position am...
متن کامل