publicpolicies are the functions of the political systems for the national sovereignty. governments govern national wills under public policies. if the legislative version of these public policies be provided upon the scientific and political considerations it still remains useless unless it could pass the implementation stage successfully. the implementation of the public policies is the main ...

An extensive literature has examined the economic effects of non-violent political instability events. Nonetheless, issue whether economies react differently over time to such events remains largely unexplored. Using synthetic control methodology, which constructs a counterfactual in absence instability, we estimate output effect 38 regime crises period 1970–2011. A crucial factor is are accomp...

Within the last century, the country has been marked by political instability (Eliot, 1997; Freedom House, 2000). Particularly since its separation from British colonial rule in 1948, Burma has witnessed significant political change, violence and unrest. Since the early 1960s, Burma has essentially been an isolated state, with closed borders and a military government. However, the fall of the B...

This paper is an empirical analysis of the likelihood of failure of inflation stabilization programs. Logit models are estimated on a dataset of 39 programs implemented in 10 countries since the late 1950s, in order to determine which economic and political variables affect the probability of failure of stabilizations. Besides the well-known effects of real exchange rate appreciation, decreasin...

The most important theoretical argument concerning decentralization is that it can improve governance by making government more accountable and responsive to the governed. Improving governance is also central to the motivations of real-world reformers, who bear risks and costs in the interest of devolution. But the literature has mostly focused instead on policy-relevant outcomes, such as educa...

Africa’s disappointing economic performance, the East Asian financial crisis, and the weak record of the former Soviet Union have focused attention on the role of institutions in determining a country’s economic growth. This article critically reviews the literature that tries to link quantitative measures of institutions, such as civil liberties and property rights, with growth of gross domest...