Impact of Political Instability on Economic Development in Pakistan: Sample Research Proposal
Impact of Political Instability on Economic Development in Pakistan 1.Introduction Political Stability plays an important role in Economic Development of a country. An unstable political system could seriously hamper economic growth. The concept of political instability was described by Lipstel (1960). He stated, “a country is considered as stable if it has been a liberal and consistent democracy or dictatorship for 25 years”, but recent politico-economic school of thought has changed the tradition of political instability. The standard definition of political instability is the propensity of a government collapse either because of conflicts or rampant competition between various political parties (Hussain, 2014) . Economic growth and political stability are ...