reforms, fortifying governance frameworks, reducing crime, and mitigating the impact of natural disasters will help sustain …

This paper provides an empirical analysis of how the frequency and severity of terrorism affect government revenue and … expenditure during the period 1970-2013 using a panel dataset on 153 countries. We find that terrorism has only a marginal … robust to alternative specifications and empirical strategies. On the other hand, we find strong evidence that terrorism is …

This paper analyses the fiscal effects of armed conflict and terrorism on low- and middle-income countries. An analysis … estimates are consistent with the hypothesis that conflict and terrorism have a significant negative impact on growth through … conflict and terrorism …

This paper presents a structural model of crime and output. Individuals make an occupational choice between criminal … the level of crime and economic activity. I calibrate the model to the Northern Triangle countries and conduct several … policy experiments. I find that for a country like Honduras crime reduces GDP by about 3 percent through its negative effect …

This paper studies the transmission of crime shocks to the economy in a sample of 32 Mexican states over the period … associated with the sign and magnitude of the responses of economic variables to crime shocks …

argued that public welfare programs can be viewed as a crime-preventing or disruption-preventing devices because they tend to … increase the opportunity cost of engaging in crime or disruptive activities. It is shown that, in the presence of a leisure …