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http://saruna.mnu.edu.mv/jspui/handle/123456789/8870
Title: | Reform chatter and democracy : policy research working paper 9319 |
Other Titles: | Policy research working paper 9319 |
Authors: | Arezki, Rabah Djankov, Simeon Nguyen, Ha Yotzov, Ivan |
Issue Date: | Jul-2020 |
Publisher: | World Bank |
Citation: | Arezki, R. , Djankov, S. , Nguyen, H. and Yotzov, I. (2020). Reform chatter and democracy : policy research working paper 9319. World Bank. Retrieved from: https://openknowledge.worldbank.org/bitstream/handle/10986/34128/Reform-Chatter-and-Democracy.pdf?sequence=4&isAllowed=y |
Abstract: | This paper explores the dynamics of media chatter about economic reforms using text analysis from about a billion newspaper articles in 28 languages. The paper shows that the intensity of reform chatter increases during economic downturns. This increase is more significant in democracies. Using instrumental variable techniques, the analysis finds the relationship to be causal. The paper also documents that reform chatter is followed by actual reforms, suggesting that democracies benefit from a “self-correcting” mechanism stemming from changing popular attitudes toward reform. |
URI: | http://saruna.mnu.edu.mv/jspui/handle/123456789/8870 |
Appears in Collections: | ވިޔަފާރިއާއި އިޤްތިޞާދު Commerce A
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