The purpose of this paper is to empirically determine the causes worldwide diversity inflation volatility. We show that higher degrees political instability, ideological polarization, and fragmentation are associated with

In an effort to evaluate socio-political instability, we studied the relationship between dynamic order, socio-political upheavals and sustainability in nation states. Estimating the degree of dynamic order inherent in the socio-political regime of various countries throughout theworld involved applying Fisher information theory to data from the Political Instability Task Force database. Fisher...

In an effort to evaluate socio-political instability, we studied the relationship between dynamic order, socio-political upheavals and sustainability in nation states. Estimating the degree of dynamic order inherent in the socio-political regime of various countries throughout theworld involved applying Fisher information theory to data from the Political Instability Task Force database. Fisher...

in this article, after examining the definitions of »political stability«, the impact of political stability and instability on development is explained. but, beyond the limited definition of political stability, its broad meaning, including social and political environment, is the major concern of this article. in order to realize development, it is necessary to have a calm and peaceful socio-...

Capital flight often amounts to a substantial proportion of GDP in developing countries. This paper presents a portfolio choice model that relates capital flight to return differentials, risk aversion, and three types of risk: economic risk, political instability, and policy variability. Estimating the equilibrium capital flight equation for a panel of 45 developing countries over 16 years, all...

The international business literature presents an interesting intellectual puzzle regarding the effect of political instability and political risk on foreign direct investment (FDI). Survey evidence shows that multinational executives take into account political instability in making investment decisions, while econometric studies produce conflicting findings. In this paper, I offer a new theor...