Front Matter Page
Middle East and Central Asia Department
Contents
I. Introduction
II. Data And Construction Of The Main Variables
A. Governance Measures
B. Fiscal Stress Indicator (FSI)
C. Political Stress Indicator (PSI)
D. Other Variables
III. Estimation Methodology And Main Results
A. Estimation Technique
B. Estimation Results
IV. Discussion Of The Results
A. Fiscal Stress
B. Political Stress
V. Conclusion
References
Annex I: Data And Descriptive Statistics
Annex II: Data Sources
Annex III: Fiscal And Political Stress Events
Annex IV: Grouping Of Countries By Region And Hydrocarbon Export
Annex V: Estimation Results
Annex VI: Predicted Values From Stress Event Model