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Political Instability and Growth

The Central African Republic

Political Instability and Growth( )
Author: Ghura, Dhaneshwar
Mercereau, Benot
Series title:IMF Working Papers
ISBN:978-1-4519-8341-8
Publication Date:May 2004
Publisher:International Monetary Fund
Book Format:Ebook
List Price:Contact Supplier contact
Book Description:

This paper provides empirical evidence that the propensity for political instability in the Central African Republic (C.A.R.) has been increased by low tax revenues and deteriorations in the terms of trade. The direct effect of political instability on economic growth is not statistically significant, once account is taken of domestic investment, and economic growth in neighboring countries. The policy implications are: (i) mobilization of domestic revenues to pay public employees'...
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Book Details
Pages:22
Physical Dimensions (W X L X H):8.5 x 11 x 0.3 Inches



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