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 …

estimates are consistent with the hypothesis that conflict and terrorism have a significant negative impact on growth through …This paper analyses the fiscal effects of armed conflict and terrorism on low- and middle-income countries. An analysis … of 22 conflict episodes shows that armed conflict is associated with lower growth and higher inflation, and has adverse …

This paper assesses the impact of climate-related disasters on medium-term growth and analyzes key structural areas … negative impact on medium-term growth, especially for sub-Saharan Africa; and (ii) a disaster's intensity matters much more …

After impressive growth in the 2000s, China's productivity has more recently stagnated. We use firm-level data to …'s business dynamism. We show that (i) the revenue share of young firms has declined, (ii) the life-cycle growth of young firms … relative to older incumbents has slowed, (iii) weaker life-cycle growth can be explained by slower productivity growth and …

activity, tourism flows, oil prices, passport sales, FDI, and natural disasters. Using Canonical-Correlation Analysis (CCA) and … oil prices have significant effects on inflation. Results also suggest a significant impact of FDI and passport sales on …