1887

n Journal of African Elections - The socio-economic cost of the post-election conflict

USD

 

Abstract

Both theory and empirical evidence suggest that political instability hinders domestic investment and foreign direct investment, therefore retarding economic growth. Moreover, political instability generates inefficiently high inflation, which hinders investment, reduces welfare and retards economic growth. In Lesotho periods of political instability are associated with very low levels of investment and economic growth. However, there is no evidence to suggest that political instability has led to high levels of inflation in those troubled periods.

Loading

Article metrics loading...

/content/eisa_jae/7/1/EJC32452
2008-06-01
2016-12-09
This is a required field
Please enter a valid email address
Approval was a Success
Invalid data
An Error Occurred
Approval was partially successful, following selected items could not be processed due to error