In Search Of Political Stability

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In Search of Stability

In Search of Stability
Author :
Publisher : Cambridge University Press
Total Pages : 308
Release :
ISBN-10 : 0521346983
ISBN-13 : 9780521346986
Rating : 4/5 (986 Downloads)

Book Synopsis In Search of Stability by : Charles S. Maier

Download or read book In Search of Stability written by Charles S. Maier and published by Cambridge University Press. This book was released on 1987 with total page 308 pages. Available in PDF, EPUB and Kindle. Book excerpt: In Search of Stability: Explorations in Historical Political Economy ponders the issue of how Western industrial societies overcame major challenges to political and economic stability in the twentieth century. Successive essays ask: what ideological messages did American influence transmit to Europe after World War I, then again after World War II? Did Nazis and Italian fascists share an economic ideology or impose a unique economic system in the interwar period and during World War II? How do their accomplishments stack up comparatively against those of the liberal democracies? After 1945, what was the relationship between concepts of productivity and class division? How have the major experiences of twentieth-century inflation arisen out of class and interest-group rivalry? Most generally, what has been the representation of interests in capitalist political economies?


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The purpose of this paper is to empirically determine the effects of political instability on economic growth. Using the system-GMM estimator for linear dynamic