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According to new research, once governments try to impose cuts above 2 per cent of GDP, a major surge in social instability can be expected

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image for OpenScout resource :: According to new research, once governments try to impose cuts above 2 per cent of GDP, a major surge in social instability can be expected

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Do government cut-backs lead to greater levels of social unrest? Hans-Joachim Voth and Jacopo Ponticelli have analysed 90 years worth of data for 26 European countries and found an unambiguous message- the more governments cut, the greater the levels of social unrest.

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en

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application/pdf

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http://eprints.lse.ac.uk/37957/1/blogs_lse_ac_uk-According_to_new_research_once_governments_try_to_impose_cuts_above_2_per_cent_of_GDP_a_major_surge_i.pdf

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