Full-text resources of CEJSH and other databases are now available in the new Library of Science.
Visit https://bibliotekanauki.pl

Results found: 2

first rewind previous Page / 1 next fast forward last

Search results

Search:
in the keywords:  POLITICAL CRISIS
help Sort By:

help Limit search:
first rewind previous Page / 1 next fast forward last
1

AUTHORITARIANISM IN CRISIS: PORTUGAL, CZECHOSLOVAKIA, AND ‘1968’

100%
Poláčková Z., Van Duin P. C.
Historický časopis (Historical Journal)
|
2019
|
vol. 67
|
issue 1
127 - 155
EN
This article makes a comparative analysis of political developments in Portugal and Czechoslovakia during the 1960s and early 1970s, focusing on the historic year ‘1968’ and its preconditions. The two countries experienced authoritarian regimes that went through a crisis of both a systemic and a moral kind, reaching a climax in 1968. In Czechoslovakia the liberalization policy of Alexander Dubček and his reform-communist coalition triggered spontaneous political and cultural activities among the population, which became a threat to the system of one-party rule. The Warsaw Pact invasion in August 1968 put an end to this experiment and the illusion of reform communism. The analysis of the causes, contradictions, and failure of liberalization remains a challenging subject for contemporary historians. Comparing the Czechoslovak experience with the evolution of the right-wing dictatorship in Portugal during the same period, may help to deepen our understanding of the nature and limits of authoritarianism in Europe. In Portugal the protracted regime of António Salazar came to an end in the same year 1968 after a series of manifestations of political crisis in the 1960s had shown its weaknesses and the inevitability of reform. However, his successor Marcelo Caetano maintained the regime’s authoritarian core and only carried out some cosmetic changes to keep Portugal with its colonies afloat. The Portuguese had to wait until 1974 for the regime to collapse, a short period of time, however, compared with the twenty-one more years that the Czechs and Slovaks had to wait. The extent of political space for opposition activity and the nature of elite disunity are among the critical questions examined in this article, which makes a comparison of Portugal and Czechoslovakia a challenging endeavour.
2

EFFECT OF ECONOMIC, POLITICS AND GEOPOLITICS CRISIS ON HERD BEHAVIOUR IN AN EMERGING MARKET: EVIDENCE FROM BORSA ISTANBUL

100%
Yildirim D., Eren M.
Ekonomický časopis (Journal of Economics)
|
2024
|
vol. 72
|
issue 1-2
72 – 101
EN
In this study, herd behaviour in Borsa Istanbul (Istanbul Stock Exchange) is discussed with various dimensions. The study covers the period between January 1993 and May 2019, and the general herd behaviour covering the entire period in Borsa Istanbul as well as the herd and asymmetric herd behaviours in the structural break periods calculated with the ICSS algorithm was examined. Moreover, herd behaviour during economic and local political/geopolitical crises and election periods in Turkey, which is a fragile economy, is also examined. According to the empirical results, it has been found that there is herd behaviour in Borsa Istanbul, and that herd behaviour is observed in both rising and falling markets, which is stronger especially in falling markets. It has also been observed in the research that herd behaviour is very evident in times of economic, local political and geopolitical crisis. In addition, the herd effect is also encountered before the elections in the coalition government periods characterized by political uncertainties.
first rewind previous Page / 1 next fast forward last
JavaScript is turned off in your web browser. Turn it on to take full advantage of this site, then refresh the page.