Impact Of Political Instability Research Articles

Impact of Political Instability in Bangladesh on Labour Migration and Economic Productivity in Malaysia: A Sectoral Analysis

Impact of Political Instability in Bangladesh on Labour Migration and Economic Productivity in Malaysia: A Sectoral Analysis

Impact of Political Instability on Tourism in West Bengal.

This study aimed to investigate the effects of political instability on tourism-related business performance, incoming tourist flows in West Bengal, and overall tourism-based earnings. The nonlinear effects of political risk and economic growth on tourism receipts are examined in this research. Nevertheless, the secondary data that is now accessible with the unobserved component model technique detection only provides a broad picture of the issue. Experts such as managers of lodging establishments, staff members of local tourism development offices, and tourism researchers were interviewed as a result. Expert interviews exposed West Bengal's tourism industry's prospects, challenges, and potential developments in the face of the region's five years of political unrest. The findings confirm earlier research showing that, in the near run, political unrest lowers tourism. However, the long-term viewpoint has yielded various results from the expert interviews with main province cities. Political instability benefits cities with developed tourism businesses that are located outside of crisis areas. Places that relied on visitors from the countries or continents like Europe, Germany, China, USA are mostly affected. The political unrest in eastern West Bengal did not significantly affect cities with low levels of tourism development.

Impact of Political Instability on Social Development

Impact of Political Instability on Social Development

The Impact of Political Instability on Financial Development, Economic Growth, Economic Growth Volatility and Financial Stability in Developing Countries

The Impact of Political Instability on Financial Development, Economic Growth, Economic Growth Volatility and Financial Stability in Developing Countries

Are regime changes always bad economics? Evidence from daily financial data

Abstract Political instability is commonly thought to discourage investment and reduce economic growth. We challenge this consensus by showing that instability does not systematically depress investment. Using an event study approach, we examine daily returns of national financial indices in every country that experienced an irregular regime change subject to data availability. Returns following resignations are large and positive (+4 percent), while those following assassinations are negative and smaller in magnitude (−2 percent). The impact of coups tends to be negative (−2 percent), but we show that a pro-business coup results in large positive returns (+10 percent). We also find evidence that authoritarian or anti-business regime changes are more likely to lead to capital flight than democratic or pro-business changes. The immediate impact of political instability on investment is therefore dependent on the type of regime change and its expected impact on future growth.

The Impact of Political Instability on Foreign Direct Investment in Malaysia

This study investigates the relationship between political instability and Foreign Direct Investment (FDI) in Malaysia from 2008 to 2023, considering the interplay with other critical macroeconomic factors such as GDP, interest rates, exchange rates, and trade openness. Using the Autoregressive Distributed Lag (ARDL) model, the findings underscore the significant deterrent effect of political instability on FDI, highlighting its role as a critical barrier to attracting foreign investments. Conversely, GDP emerges as a strong enhancer of FDI, indicating that economic vitality is crucial for attracting foreign capital. The study also reveals that while higher interest rates negatively impact FDI, exchange rates and trade openness do not show a significant long-term effect on FDI inflows. This study contributes to the existing literature by providing empirical evidence on the dynamics between political instability and economic factors affecting FDI in Malaysia. The results offer valuable insights for policymakers aiming to enhance Malaysia’s attractiveness as an investment destination.

The Impact of Political Instability on Economic Growth: A Comparative Study Between Gujarat and Bihar From 2010-2020

This research paper investigates the impact of political stability on economic growth by comparing the two Indian states of Gujarat and Bihar from 2010 to 2020. The state of Gujarat is renowned for its advanced infrastructure and business-friendly policies, which have led it to become a major economic hub for India. Conversely Bihar has faced frequent government changes and widespread corruption, hampering its economic development. This study examines the governance models and consequent economic outcomes of both states. The research findings indicate how consistent governance in Gujarat has fostered investment and sustained economic development, while political instability in Bihar has deteriorated economic development. Additionally, international examples such as Singapore's stable political environment and Venezuela's monetary instability were also investigated to provide a broader context for understanding the relationship between political stability and economic growth.

The risk of political instability and the performance of Islamic banks: does corruption matter?

Purpose This study aims to investigate the relationship between political instability and the performance of Islamic banks in emerging countries. Design/methodology/approach For a data sample of 93 Islamic banks in 20 emerging countries during the period from 2011 to 2016, the authors identify indicators that matter most for the activities of Islamic banks. Findings The study finds that a stable government and law and order are positively correlated with the health of Islamic financial institutions. On the other hand, corruption and military involvement in politics can create an unstable environment for businesses, leading to uncertainty and risk. The study also reveals that Islamic banks operating in regions or communities with lower risk of socio-economic conditions tend to exhibit higher levels of profitability. Originality/value Overall, the study provides valuable insights into the impact of political instability on Islamic banks in emerging countries.

The Education Crisis in Conflict Zones: A Case Study on the Impact of Political Instability on the Sustainability of School

The Education Crisis in Conflict Zones: A Case Study on the Impact of Political Instability on the Sustainability of School

Impact of political instability on 1948-Palestinian shoppers’ satisfaction: Palestinian tourist destination as a case study

This study examines tourist satisfaction and its relationship with demographic variables in Nablus, Palestine. Two hundred two tourists were surveyed using a structured questionnaire to collect data on their satisfaction level and demographic information. The results reveal that the overall tourist satisfaction level in Nablus is high. However, significant differences in satisfaction were found based on gender, education level, number of family members, occupation, and income. The study highlights the importance of considering demographic factors in shaping visitor satisfaction and tailoring tourism services to meet the needs and preferences of diverse clients. The findings also shed light on the negative impact of tourist blackmailing, which is the exploitation of tourists by various stakeholders, and the role of positive perceptions of the destination in attracting tourists and mitigating the impact of security threats. The study provides valuable insights for tourism service providers and stakeholders in promoting sustainable and competitive tourism in Nablus and the West Bank region.

The impact of political instability on inflation volatility: The case of the Middle East and North Africa region

The impact of political instability on inflation volatility: The case of the Middle East and North Africa region

The Impact of Political Instability and Corruption on Saving: A Case of Selected South East Asian Countries

The main objective of this research is to get an understanding of the ways in which the financial stability of ASEAN states is impacted by political instability and instances of corruption. Because corrupt government workers and political appointees siphon money that was intended for the government treasury into their own pockets instead, the amount of revenue that the government receives is reduced as a result. As a consequence, the ability of the government to put into action policies that fight against poverty and underdevelopment is hindered. Similar is the case with political instability which slow down the government machinery. The study with the aid of panel data methodology on the panel data of twenty years from 1998 -2018. Found that the corruption and political instability are in significant negative relationship with saving. In addition to that we have also investigated the impact of interaction of political instability and corruption on saving. Over all the results provided support to the prosed hypothesis. This study which is among pioneering studies on the issue will provide policy guideline to ranchers and policy makers
 

Empirical evidence of the relationship between terrorism and firm financial performance in Nigeria

PurposeThis paper investigates the relationship between terrorism and firm financial performance in Nigeria. The country has become one of the riskiest countries in Sub-Saharan Africa due to the intensity of recent terror attacks. Also, there is a growing focus on the importance of firms, given firms' economic contribution towards growth, employment and economic and industrial transformation. However, no study has tried establishing a relationship between terrorism and firm financial performance. Therefore, providing empirical proof of this relationship is the primary purpose and motivation of this paper.Design/methodology/approachData from the World Bank Enterprise Survey (WBES) and the Global Terrorism Database (GTD) were used for this study. The baseline analysis was estimated using the pooled ordinary least squares regression technique. For robustness checks, the fixed effects technique was used to control for heterogeneity across the authors' sample of firms and unobserved factors that are time-invariant, while the IV technique was employed to control for any potential endogeneity.FindingsThe results obtained from the regression analysis were robust to different econometric estimations and approaches. Terrorism was found to have a consistent and significant negative impact on firm financial performance. Furthermore, the marginal effect of terrorism on firm performance was more substantial when state-level terrorism data were used.Originality/valueStudies often focus on the impact of political instability (which is a measure subjectively based on perception) on foreign direct investment or on the activities of multinational corporations. The authors' research is new in supplying evidence of the relationship between terrorism (an objective measure) and the financial performance of manufacturing firms in Nigeria. Methodologically, this study also employed spatially distributed incidents of terrorism within the country. This is because incidents of terrorism are often spatially distributed within a country (i.e. province or state). This will provide new evidence of the effects of within-country variations of terrorism on firm financial performance.

Mapping terrorism in the academic landscape of business field of study: a bibliometric study of the past 30 years

PurposeTerrorism is as old as humanity itself, but its new form in the twenty-first century is adversely affecting the performance of businesses in both developing and developed countries. The purpose of this study is to identify and analyse the evolution and diffusion of academic knowledge on the topic of terrorism in business-related literature.Design/methodology/approachData was gathered from two databases, namely, the Scopus and Web of Science over 30 years (1990–2019). The search terms related to terrorism in titles, abstracts and authors’ keywords, which resulted in a total of 1,097 articles. Bibliometric methods, including a thematic and content analysis identifying main themes and using Gephi and VOSviewer software, were used to analyse the data.FindingsThe results reveal the productivity of the main actors, current thematic choices and future research opportunities. The main thematic areas of the research arising from the bibliometric analysis included the impact of terrorism on economic growth, Foreign Direct Investment, tourism, stock market reforms, security of multinational corporations as a result of terrorism and finally, the impact of political instability and terrorism on business. This study’s findings may guide the research of future academics and assist policy stakeholders in their strategic choices related to future business development.Research limitations/implicationsThe study has certain limitations that are inherent to the bibliometric methods or to the choices related to data collection and processing.Practical implicationsThis study recognised evolution and trends regarding the influence of terrorism on businesses, which is crucial information for the development of business and policy strategies in the future. These strategies should enhance the ability of businesses to cope with the negative effects of terrorism and make these effects less devastating. For academics, this study provides relevant insights on recent research trends in the field of terrorism in business and emerging future academic thematic opportunities.Social implicationsThe findings of the study indicate that issues of terrorism in business have broader social implications, which both academia and policy stakeholders can attend with their work.Originality/valueThis bibliometric review offers new insights into terrorism from the business lens by identifying the common streams of research in the field, along with the key journals, articles, countries, institutions, authors, data sources and networks in this field. The future research directions in this field of knowledge are also articulated in the study.

Impact of Political Instability on Economic Growth in CEE Countries

сPolitical instability is often considered to have a negative influence on economic growth. Hence, the study aims to examine whether instability of the political environment (measured by the political stability in- dex and duration of the chief executive in the office) significantly influences economic growth in Central and Eastern European (CEE) countries. The methodology used is a fixed effects model for panel data analysis where the dependent variable is the real growth of gross domestic product (GDP) per capita. The data covers the period from 2006 to 2016 for 13 CEE countries. Additionally, the study considered other macroeconomic variables, such as investment, inflation, human capital, trade openness, etc. The research findings indicate that the political stability index has a positive effect on economic growth, as expected and predicted in the literature. However, the indicator of the years the chief executive has been in the office has shown a negative effect. This effect appears to be weakly significant only for the second variable. These findings allowed us to conclude that the political stability index positively influences economic growth, while the years the chief executive stays in the office has a negative effect. Frequent changes in the cabinet can actually have a positive impact in transition countries characterised by corruption, meaning that the long stay of a chief executive in the office can lead to power abuse.

The Impact of Political Instability on Sustainable Rangeland Management: A Study of Borana Rangeland, Southern Ethiopia

Political instability (PI) occurs between governments and other political elites either at the local, regional, and/or national levels. Planning, implementing, and monitoring of sustainable rangeland management strategies have a significant impact on the political environment of an area. In this study, the term PI implies an unsafe and unstable exercise of political power, and is a major obstacle to the implementation of sustainable rangeland management. The main purpose of this research was to provide empirical and theoretical knowledge by testing hypotheses about the impact of PI on the implementation of sustainable practice of rangeland management. Using in-depth interviews, this study conducted both structured and unstructured group discussions with 300 representative households of local pastoralists and others who were considered the key stakeholders in the sustainable activities of rangeland management. Results indicated that the local communities are significantly susceptible to the economic, environmental, and socio-cultural effects of sustainable management of rangeland due to PI. Furthermore, the impact of PI on the economic, environmental, and socio-cultural aspects of rangelands indicators was evaluated. The findings also proved that the satisfaction of pastoralists with rangeland productivity and function was significantly affected, and prevented pastoralists from participating in rangeland management practice.

The impact of political instability upon the increase of terrorism in the Middle East

The key goal of the article is to examine whether the domestic political instability associated with the “Arab Spring” caused the subsequent surge of global terrorism, which reached its peak in 2014. The author reviews six different types of domestic political instability: antigovernment demonstrations, national strikes, government crises, government repression, disturbances, and revolutions. Using the regression models, the author clarifies the impact of such factors as the level of education, Internet access, economic development, democratization indexes, and the degree of religious and ethnic fragmentariness. Analysis is conducted on the results of the models separately for different types of political regimes, forms of domestic political instability, and global regions. The results of construction and analysis a number of negative binomial regression models testify to the support of “escalation effect”, which implies that heightened intensity of domestic political instability leads to the surge of terrorist attacks. More severe forms of domestic political instability, namely repression and disturbances, generate a higher level of terrorism; however, revolution, as the most severe form of domestic political instability does not produce such effect. The formulated conclusions are also substantiated by the fact that certain forms of political instability have a different impact upon terrorism and its peculiarities, depending on the geographical region and the type of political regime.

The Impact of Political Instability on Economic Growth in Pakistan

The Impact of Political Instability on Economic Growth in Pakistan

The Role of Political Stability, Labor Market and Education on Migration: The Empirical Evidence from Sri Lanka

This study employs annual data from Sri Lanka over the period of 1990 – 2018 in order to investigate the impact of political instability and the existence of violence, unemployment rate, wage differential and level of education on migration. ADF unit root test confirmed that none of the variables are I(2), which allows us to examine the long run relationship between the variables using Autoregressive Distributed Lag (ARDL) Bound testing method. AIC is suggested to adapt ARDL (1, 0, 0, 2, 0) model among the top 20 models. ARDL Bound testing approach identified the cointegrating relationship between the variables. The results of both ARDL Bound test and the ARDL version of ECM detected that unemployment rate, political instability and the existence of violence/terrorism and level of education have a positive and significant impact on net migration whereas wage differential do not have significant impact on it even though it affect the net migration negatively both in the long run and in the short run respectively. Also, the coefficients of long run results and the Wald test confirm that the impact of unemployment rate is higher than wage differential, political instability and level of education on net migration in the long run. The result of CUSUM test of selected ARDL model discloses that the estimated model is stable and this model passes the all the diagnostic test. Moreover, Granger causality test identified a causal relationship that stemming from unemployment to net migration, wage differential to net migration, political instability to net migration and level of education to net migration. These findings could be useful to policy makers when they formulating and implementing the policy related to labor markets and good governance.

“Modeling the impact of wars and terrorism on tourism demand in Kurdistan region of Iraq”

Recent political instabilities in the Middle East have led to strong negative impacts on the tourism sector. The aim of this study is to investigate the extent and the impact of political instability on tourism development in Kurdistan region of Iraq (KRI). The impact of previous wars and incidents including the most recent events by the Islamic State in Iraq and Syria (ISIS) on tourism demand is quantitatively evaluated. Unit roots and structural breaks are detected relating political instabilities with significant tourist declines. A systematic comparison on the effect of terrorist attacks and wars on tourist arrivals is performed by employing a multiple regression model using monthly time series data from January 2003 to September 2018. The analysis revealed stronger negative impact of wars in comparison to terrorist attacks. The novelty of this study lies in its ability to establish that the impacts of war have far reaching consequences that last for at least three consecutive years as compared to short negative effects of terrorist attacks. Our findings imply that political instability, especially wars, leads to large safety concerns in the tourist destinations.