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The Political Consequences Of Party System Change, Riccardo Pelizzo, Zim Nwokora
The Political Consequences Of Party System Change, Riccardo Pelizzo, Zim Nwokora
riccardo pelizzo
This article engages one of the important gaps in the literature on party system effects: the consequences of party system change. We discuss how existing empirical approaches to party system change do not actually capture the changeability of patterns of party competition, which is the most direct understanding of the term “party system.” We propose a measure that does exactly this: the index of fluidity. Applying this measure to countries in South East Asia, we show that party system change is associated with harmful effects, including lower foreign direct investment and deterioration of the rule of law
Governance, Business Environment, And Foreign Direct Investments, Riccardo Pelizzo, Omer F. Baris
Governance, Business Environment, And Foreign Direct Investments, Riccardo Pelizzo, Omer F. Baris
riccardo pelizzo
In this paper we investigate the relationship between the quality of governance, the business environment and foreign direct investments. Looking at 49 countries in Africa, we present evidence supporting the claim that the quality of governance does affect the stability of policies and the quality of the business environment. However, our data analysis also reveals that neither the quality of governance nor the quality of the business environment have any impact, at least in Sub-Saharan Africa on the level of FDI.