We examine the effect of banking crises on a country’s protection of basic human rights. Our results indicate that banking crises have a causal, substantive and robust negative effect on human rights, particularly in nondemocracies. This adds to our understanding of how economic shocks can politically destabilize countries.
Pfaff, Katharina; Jerg Gutman & Stefan Voigt (2017) Banking crises and human rights, Applied Economic Letters 24 (19): 1374–1377.
