Series: IMF Working Papers
Author(s): Christian Mulder , and Matthieu Bussière
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 April 1999
Keywords: vulnerability indicators, political cycle, economic crises, emerging markets, elections, election, political variables, political instability, presidential elections
This paper analyzes and tests the influence of political instability on economic vulnerability in the context of the 1994 and 1997 crises episodes. It constructs four political variables that aim at quantifying pol...