Search results for "political environment"
showing 2 items of 2 documents
Income inequality, fiscal stimuli and political (in)stability
2016
Using data for a large panel of countries, this paper investigates the role played by income inequality and fiscal stimuli episodes in shaping the likelihood of political stability. By means of Tobit estimations, we show that a rise in inequality increases the probability of government crises. However, such adverse distributional effect is reduced when expansionary or increasingly expansionary fiscal stimuli episodes or successful fiscal stimuli programs are put in place.
Ķīnas un Baltijas valstu ekonomiskā sadarbība, pašreizējās tendences un nākotnes scenāriji
2022
China and Baltic States have developed economic cooperation under the format of “16+1” (later “17+1” when Greece joined in 2019), where both sides have taken more “open” attitudes and policies to establish closer cooperation in trade and investment. This paper is to research the current trends of the economic cooperation between China and the Baltic States as well as the future scenarios thereof combining economic and political analysis. The trade theory proves economic benefits of liberal trade and investment, therefore, the economic cooperation of China and Baltic States provides growth opportunities for both sides. However, Lithuania has withdrawn its membership of this format in 2021, m…