Political Uncertainty as an Economic Risk Factor: the Regional Perspective from Russia
Political Uncertainty as an Economic Risk Factor: the Regional Perspective from Russia
Author(s): Dmitry Mitin, Maria Ginzburg, Nadezhda Yashina
Subject(s): National Economy, Business Economy / Management, Economic policy, Government/Political systems, Political economy, Economic development
Published by: Masarykova univerzita nakladatelství
Keywords: economic risks; political uncertainty; political risks; entrepreneurship; SME;
Summary/Abstract: The academic circles and media commonly associate political uncertainty with aggravated economic risks, discouraged investments, and stunted economic growth. The goal of this survey is to explore the reaction of domestic businesses to political signaling. It allows addressing a key question regarding the perception of uncertainty in Russia: how sensitive are the economic agents to political trends? How robust is their assessment of the extent to which the rules of the game are changing, and what are the threshold levels of political change at which the uncertainty begins to affect economic decisions?
Book: European Financial Systems 2015: Proceedings of the 12th International Scientific Conference
- Page Range: 391-399
- Page Count: 9
- Publication Year: 2015
- Language: English
- Content File-PDF