Portugal Travel

Political instability negatively affects economic growth of a country, the article warrants a professor at the University of Minho (UM) published by the International Monetary Fund (IMF) and its findings may "be applied in the current crisis of Egypt. "

Speaking to Lusa, Professor Francisco Vega explained that "political instability has effects on productivity of a country and thus affects the economic growth of that country."

The research that underpins the article by Francisco Veiga, co-authored with Ari Aisen took place, according to Professor of UM, "over a year and involved an analysis of 169 countries for the period 1960 to 2004."