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This paper shows how a world price shock can increase the likelihood that democratization must be used to resolve the threat of revolution. Initially, a ruling elite may be able to use trade policy to maintain political stability. But a world price shock can push the country into a situation...
Persistent link: https://www.econbiz.de/10010485531
Studies that examine the impact of food prices on conflict usually assume that (all) changes in international food … commodity prices, we show that this assumption could seriously distort estimations of the impact on conflict in African regions …. Specifically, we show that increases in food prices that are caused by harvest shocks outside Africa raise conflict significantly …
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The outbreak of the Russian-Ukrainian military conflict has sent chills down the spines of policy makers around the … the potential impact of the military conflict on international trade and the prices of energy, food, and metals. Whilst …
Persistent link: https://www.econbiz.de/10013448091
Studies that examine the impact of food prices on conflict usually assume that (all) changes in international food … commodity prices, we show that this assumption could seriously distort estimations of the impact on conflict in African regions …. Specifically, we show that increases in food prices that are caused by harvest shocks outside Africa raise conflict significantly …
Persistent link: https://www.econbiz.de/10012861404
Do food prices cause political unrest? Throughout history, riots appear to have frequently broken out as a consequence of high food prices. This paper studies the impact of food prices on political unrest using monthly data on food prices at the international level. Because food prices and...
Persistent link: https://www.econbiz.de/10014180709
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