scholarly journals An Economic Impact of Political Instability: An Evidence from Pakistan

2021 ◽  
Vol 3 (1) ◽  
pp. 47-54
Author(s):  
Abdul Rehman Nawaz ◽  
Usama Anwar ◽  
Fizza Aquil

The economy of Pakistan has been badly damaged by the political instability in the country. Despite its enormous economic resources, Pakistan’s economy remained under dark shadows during most of its historical discourse. The economic indicators describe a significant relationship between politics and the economy of Pakistan. The following study, by reviewing previous studies, concludes that there is a negative relationship between political instability and economic growth in Pakistan from 2000 to 2019. Political instability flourished corruption and reduced the economic growth of the country. Moreover, a weak political system and government institutions could not resist the political tension in the country. The study finally concludes that political instability reduces economic growth in the country and economic growth reinforces political stability in the country.


2017 ◽  
Vol 4 (01) ◽  
Author(s):  
Shreya Raval ◽  
Prakash Salvi

Efficient economic policies and their implementation are only sufficient conditions of assured economic growth. However, the type of political structure and stability of the same form the necessary conditions of economic growth for any nation. The political conditions should be ideal and conducive to the nature of the economy. This paper attempts to define political system and its inter-relation to economic development. It further progresses to define political stability under the adopted political system of an economy. It also attempts to explain a state of political instability and its channels of transmission on economic growth. Further, an attempt to define various measures of political stability is made and the significance and impact of the variables is mentioned. Political polarisation in India is higher as it has a multi-party system with two major political parties and many regional dominant parties. Thus, it is difficulty to take a unitary view on the question of political instability and economic growth.



2018 ◽  
Vol 21 (10) ◽  
pp. 133-140
Author(s):  
I. V. Ishchenko ◽  
D. V. Dyachenko

In the field of scientific research is the selection and use of approaches for analyzing the state of the political system of society. The collapse of the colonial system, the socialist camp led to the formation of a significant number of states by transitional political regimes. Intensive globalization processes accelerated the already contradictory socio-political processes in transitional and quasi-democratic states. Despite the lack of experience of statehood in some countries, or the lack of democratic political traditions and practices, led to the formation of contradictions between formal and informal rules by the institutions of transitional societies. In the context of the study of the interaction of formal and informal institutions, the question of the use of situational analysis and the synergetic approach, in the process of studying the causes, consequences and the essence of political stability of the instability, is actualized. In cases of situational analysis, it is especially important to note that the essence of the method consists in studying both formal institutions (organizational forms) and informal (practices, models and rules of the game) - as the main subjects and objects of the political process. At the same time, if the situational analysis simply states the presence of certain formal or informal designs, the synergetic approach allows us to trace the dynamics and development of political processes. Considering the political system in which energy acts as the information produced by such formal institutions as political parties and organizations, the synergetic method allows us to consider the system as a self-regulating organization capable of arming the manifestations of political instability. Or vice versa - as a system artificially restraining social entropy, and therefore doomed to destruction, as a result of the action of attractors: economic, political, social, environmental, in the cases of our research.With the help of general scientific (historical, systematic, functional, sociological), general logical methods (analysis, synthesis, induction, deduction, analogy, abstraction) and the methods of politological theoretical and applied learning (institutional, structural comparative, comparative, axiological, behavioral), the analysis of the influence of non-institutional factors on the procedural, organizational and structural aspects of the political system is performed. Research allows us to reveal the essence, structure and consequence of existing processes in the political system. The synergistic method and situational approach details the existing processes, enabling to conduct a correct analysis of the relevant processes. Thus, it can be concluded that these two methods make it possible to qualitatively evaluate and demand. This allows us to correct the actual political practice, towards stabilizing the political environment.



InterSedes ◽  
2013 ◽  
Vol 14 (27) ◽  
Author(s):  
Salvatore Coppola

Admiral Alfred von Tirpitz’s naval programme reveals a number of underlying features which are unique aspects of the political culture of the Kaisereich; both in the domestic and international contexts. The naval arms-race against Great Britain was an event that resulted from the interaction of a number of goals that Tirpitz had initially envisaged for Germany and Kaiser William II. Yet, the pursuit of an ever-greater navy fleet was by no means a monopoly of the Germans but, on the contrary, it was a common trait of every major European Power of the time, from Britain to Austria, to Russia. Nevertheless, the scale to which Tirpitz went deserves a particular emphasis in that it was not only a military programme, but rather, its aims were directed towards the achievement ofobjectives in a number of fields: economic growth, domestic socio-political stability, and German Imperialism through Weltpolitik, which reflected the contemporary political issues present within the Kaiserreich. These three aspects will be explored with further emphasis on the structural aspectsof the Wilhelmine system of government together with the individuals that were involved in German policymaking at the time. It will therefore be possible to observe how these various features were crucial in determining Germany’s political system. This, in turn, allowed Tirpitz’s radical and militaristic plan to take place. The Tirpitz Plan reveals its objectives as being not solely restricted to the military-naval domain. Furthermore, one will see how the Tirpitz plan could have taken place only in Germany during the Kaiserreich thanks to the uniquely ambiguous administrative structures Germany possessed.



1969 ◽  
pp. 465 ◽  
Author(s):  
Michael Asch

In this article, the author examines the need for constitutional recognition and protection of the political collective rights of minority groups in Canada, particularly those of Aboriginal nations. The author asserts that Canada's present constitutional approach to minority collective rights is one of "indirect consociation," an approach which embraces the ideology of "universalism" and does not expressly recognize or protect minority ethnonational communities. This is ineffective as it generates political instability. He examines both Canadian constitutional thinking as well as the thoughts of Aboriginal nations on the right to self-government and discusses the conflicting theories behind each position. Finally, the author suggests that the solution to resolving this conflict between minority and majority political rights is for Canada to adopt a "direct consociation" approach. This approach would recognize expressly and protect the political rights of Aboriginal nations and other minorities, based on the concept of equality, as opposed to continuing colonialist or assimilationist approaches which only serve to heighten inequality and political tension.



Author(s):  
Matundura Erickson ◽  

The government has attempted to target specific macroeconomic factors in order to stimulate economic growth in Kenya through monetary and fiscal policies. Despite these efforts, Kenya's GDP growth is hampered by high interest rates and high interest rate volatility. Kenya's ability to address macroeconomic instability hinges on its ability to increase economic growth. Auxiliary evidence shows that perspectives on the relationship between ICT and economic growth are segmented. The goal of this study was to determine the impact of ICT on economic growth in Kenya, as well as the moderating effect of political instability on the relationship. The research was based on Solow's theory of growth. An explanatory research design was used, with data spanning from 1990-2020 obtained from Kenya Bureau of Statistics. In the empirical analysis, the study used the bound test to test for a long-run relationship and the Autoregressive Distributed Lag model (ARDL) to evaluate the relationship between the variables. The data was subjected to an Augmented Dickey Fuller (ADF) test to determine stationarity.The long run ARDL results indicated that the coefficients of; ICT rate were insignificant . However with the introduction of political instability as the moderator ICT was significant and positively affected economic growth. Political instability moderated the relationship between ICT ( and economic growth. As a result, promoting effective governance should help to improve political stability. The findings of this study will help the government figure out how to address the problem of low economic growth. According to the study, the government should invest in the ICT sector to improve its accessibility and affordability. Additionally, the government should work to improve political stability and good governance by gradually establishing institutions that uphold the rule of law and provide security.



Significance If the referendum passes, it will lead to significant changes to the political system, including new executive posts, the devolution of more national revenues to county governments and measures to ensure more women are elected to parliament. Impacts Fully implementing the BBI’s wide-ranging reforms may take years, and if mishandled could delay the 2022 elections. The proposals will significantly increase the cost of government, which in turn will exacerbate the shrinking fiscal space. An enlarged executive encompassing a broader range of leaders may boost political stability, but it will likely also aggravate graft.



Author(s):  
Peter M. Sanchez ◽  
David Doherty ◽  
Kirstie Lynn Dobbs

Abstract Is darker skin pigmentation associated with less favorable social and political outcomes in Latin America? We leverage data from 18 Latin American countries across multiple survey waves to demonstrate the robust and potent negative relationship between the darkness of skin tone and socio-economic status. Then we examine the relationship between skin color and attitudes toward the political system. In spite of our substantial sample size, we find little support for the expectation that respondents with darker skin are less favorably disposed toward the political system—indeed, on balance, our findings run counter to this expectation. Our findings suggest that the socio-economic “pigmentocracy” that pervades the region does not necessarily translate into pronounced differences in attitudes about the political system. This finding casts some doubt on the expectation that social inequalities are likely to destabilize governments or undermine their legitimacy.



Author(s):  
Леонид Басовский ◽  
Leonid Basovskiy ◽  
В. Бабанов ◽  
V. Babanov ◽  
Елена Басовская ◽  
...  

In order to assess the extent to which the institutions of government in the current conditions in recent years in Russia — the activity of government officials and local governments affected economic growth, the correlation of the number of this category of workers with the growth rates of the economy was evaluated. The results show that by 2002 the positive correlation between the number of employees of state bodies and local self-government and the rate of economic growth was a negative one. The activities of employees of state and local governments began to slow down economic growth in the country. In order to assess how the change in the level of inequality of income distribution in modern Russia is due to the activities of employees of state-shock authorities and local self-government, its relation to the number of employees in this category of funds, which reflects the degree of income inequality, was evaluated. The results show that by 2011 the negative relationship between the number of employees of state bodies and local governments and the level of inequality of income distribution of growth replaced by a positive relationship. The activities of employees of state and local governments began to contribute to reducing the level of inequality of income distribution in the country.



Significance Portugal is set for the best five-year period of growth since the turn of the millennium, unemployment is falling and public finances are showing positive signs. The upswing is reflected in the remarkable stability of the political system. Impacts The economic recovery is likely to drive down yields on government bonds. Centeno’s appointment as Eurogroup president will raise Portugal’s standing in the EU. Security concerns in many Mediterranean countries are likely to boost Portugal’s tourism industry.



Significance Kenya has been rocked by a string of corruption scandals in government institutions over recent weeks. The episode has served as a powerful reminder to both ordinary Kenyans and foreign investors that public-sector corruption remains pervasive -- and that President Uhuru Kenyatta’s government has failed to make significant inroads on the issue despite its rhetorical claims of ‘zero tolerance’. Impacts The lack of progress in anti-corruption efforts will raise concern among donor countries. Along with other barriers, evidence of corruption will limit FDI and constrain GDP growth in the medium term. Failure to tackle graft will erode public confidence in the political system, leading to further civil society protests.



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