Food prices and political instability. Arezki, R. & Bruckner, M. March, 2011. Paper abstract bibtex We examine the effects that variations in the international food prices have on democracy and intra-state conflict using panel data for over 120 countries during the period 1970-2007. Our main finding is that in Low Income Countries increases in the international food prices lead to a significant deterioration of democratic institutions and a significant increase in the incidence of anti-government demonstrations, riots, and civil conflict. In the High Income Countries variations in the international food prices have no significant effects on democratic institutions and measures of intra-state conflict. Our empirical results point to a significant externality of variations in international food prices on Low Income Countries' social and political stability.
@misc{arezki_food_2011,
title = {Food prices and political instability},
shorttitle = {{IMF} {Working} {Paper} {No}. 11/62},
url = {https://www.imf.org/en/Publications/WP/Issues/2016/12/31/Food-Prices-and-Political-Instability-24716},
abstract = {We examine the effects that variations in the international food prices have on democracy and intra-state conflict using panel data for over 120 countries during the period 1970-2007. Our main finding is that in Low Income Countries increases in the international food prices lead to a significant deterioration of democratic institutions and a significant increase in the incidence of anti-government demonstrations, riots, and civil conflict. In the High Income Countries variations in the international food prices have no significant effects on democratic institutions and measures of intra-state conflict. Our empirical results point to a significant externality of variations in international food prices on Low Income Countries' social and political stability.},
publisher = {International Monetary Fund},
author = {Arezki, Rabah and Bruckner, Markus},
month = mar,
year = {2011},
keywords = {KR, Untagged},
}
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