Political Stability and Economic Growth in Asia
Published By: American Journal of Applied Sciences | Published Date: May, 01 , 2008This paper has investigated the effects of various factors of political instability on economic growth in selected ten Asian economies during 1990-2005. The empirical findings show a close relationship between political stability and economic growth. The authors have analyzed the data by using econometrics methods, which conclude that an increase in the index of political stability leads to one percent increase in economic growth. From these finding based on Asia
experiences, the paper shows that political stability plays a dominant role in determination of economic growth and sources of capital accumulation.
Author(s): Muhammad Younis | Posted on: Nov 28, 2013 | Views(452) | Download (148)