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The Macroeconomic Impact of Social Unrest
Report

The Macroeconomic Impact of Social Unrest

IMF, 2021

áudio gerado automaticamente
áudio gerado automaticamente

Editorial Rating

7

Qualities

  • Analytical
  • Overview
  • For Experts

Recommendation

According to new research, “social unrest events” around the world – riots, strikes and protests – increased an astronomical 244% over the period 2011–2019. This strife has powerful impacts on the integrity of society in general, but the friction also carries with it troubling concerns about economic growth and prosperity. Analysts Metodij Hadzi-Vaskov, Samuel Pienknagura and Luca Antonio Ricci astutely assess the financial damage that social unrest inflicts on economies. Policy experts, economists and investors will find robust scholarship in this illuminating report.

Take-Aways

  • Social disturbances have adverse consequences on nations’ economic performance.
  • GDP contraction after an event results from deteriorating conditions for consumers and businesses.
  • Government institutions and policies can mitigate social discord and its outcomes.

About the Authors

Metodij Hadzi-Vaskov, Samuel Pienknagura, and Luca Antonio Ricci are professionals at the International Monetary Fund.