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Politics problem: Instability

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Literature Review: Instability problem for Politics

This “Ten Problems for Politics in the 2020s” booklet identifies ten relevant areas from very recent contributions put forward at academic level in the form journal articles, conference proceedings and students theses. Ten freely accessible internet references have been selected for each area and direct links are provided at the end of each chapter for own consultation. Our selected references do not intend to mirror ranking indexes nor establish novel classifications. On the contrary, they are meant to represent peer-reviewed, diverse and scientifically-sound case studies for vertical dissemination aimed at non-specialist readers. They will also be able to scoop even more references through the bibliography that is reported at the end of each selected reference.

Without further ado, these are the ten problems that we are going to introduce in this booklet:

  1. liberalism, 
  2. democracy,
  3. authoritarianism,
  4. mondialism,
  5. populism,
  6. immigration,
  7. diversity,
  8. international relations,
  9. instability,
  10. peace.

Each problem has its own dedicated chapter made of an introductory section, a short presentation of the ten selected references and a conclusions section.

The final chapter of this booklet will report the conclusions from each chapter again in order to provide a complete executive summary.


9 Instability

THE PROBLEM — The growing political dissatisfaction in industrialized countries is rooted in the asymmetric pattern in monetary policies since the 1980s. A potential negative correlation exists between seigniorage finance and deficit finance when a country is politically unstable. Comparative Political Economy scholars struggle to understand the current crisis. Corruption leads to social displeasure, protests, strikes, political violence and consequently political instability. That translates a collapse of societal consensus into a conflictual outcome, often followed by endgame military coups aimed at conservative rollback.

CASE STUDIES — … buy this booklet from Amazon …

CONCLUSIONS — Voter’s discontent and growing political instability in industrialized countries have been traced back to the low and even negative real income gains of the middle-income groups. The concurrence or trade‐off between monetary and fiscal stability under political instability must be approached from a number of perspectives. To understand the current crises, Comparative Political Economy needs to revisit and update its original roots in Keynes, macro-economics, and the demand side. Surges in political instability heighten the incentives to overproduce laws for incompetent politicians. Corruption has perilous implications for the economies but in developing economies it particularly has detrimental impacts on socioeconomic indicators. The magnitude of conflict, resulting from political instability, is positively correlated with social fragmentation and individual deprivation. Episodes of popular mass contestation may prompt conservative interventions in politics of the military’s leadership aimed at preserving the regime’s authoritarian infrastructure. The strengthening of economic inequality is a decisive factor affecting the weight of the elites in the determination of economic and political choices. In Arab states, the control of the corruption and the rule of law indicators have the highest impact on the economic growth, while the regulatory quality has the lowest. Recent events surrounding the COVID-19 pandemic have exposed deeply embedded structural inequities within the United States, triggering national dialogues around institutional racism, carcerality, and the logic of neoliberalism. COVID-19 demonstrates that a naturally occurring, communicable disease can threaten U.S. national security with deadly consequences.

TEN FREE REFERENCES FROM THE INTERNET — … buy this booklet from Amazon …


Politics
“Ten Problems for Politics in the 2020s” booklet for Amazon Kindle, 2020; click on the cover to go to the dedicated Amazon listing page

booklet updated on 2 Mar 2021, now on sale as version 1.1

By TenProblems

Literature Reviews for Inquisitive Minds