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Macroeconomic costs of conflict are generally very large, with GDP per capita about 28 percent lower ten years after conflict onset. This is overwhelmingly driven by private consumption, which falls by 25 percent ten years after conflict onset. Conflict is also associated with dramatic declines...
Persistent link: https://www.econbiz.de/10012252077
Persistent link: https://www.econbiz.de/10010388846
Epidemics have disrupted lives for centuries with deleterious human capital and economic repercussions. In this paper, we investigate how epidemics episodes have impacted school dropouts in developing countries, considering 623 epidemics episodes across countries from 1970 to 2019. Our estimates...
Persistent link: https://www.econbiz.de/10012796214
While there is an extensive literature examining the economic impact of conflict and political instability, surprisingly there have been few studies on their impact on the probability of banking crises. This paper therefore investigates whether rising conflict and political instability globally...
Persistent link: https://www.econbiz.de/10012251282
Using panel data for a large number of countries, we find that economic contractions are not followed by offsetting fast recoveries. Trend output lost is not regained, on average. Wars, crises, and other negative shocks lead to absolute divergence and lower long-run growth, whereas we find...
Persistent link: https://www.econbiz.de/10014400694
""conflict process"" remained unchanged. This shift seems related to changes in aid flows since the Cold War: donors became …
Persistent link: https://www.econbiz.de/10014399713
reflect and perpetuate gender norms that limit women's economic participation, and removal of these impediments through legal …, and the United States) that rank high in gender equality in their respective regions demonstrate how legal reforms have …
Persistent link: https://www.econbiz.de/10013170246
This paper examines the nature of gender bias in tax systems. Gender bias takes both explicit and implicit forms …. Explicit gender bias is found in many personal income tax systems. Several countries, especially those in Western Europe, have … undertaken to eliminate explicit gender bias in recent years. It is more difficult to identify implicit gender bias, since this …
Persistent link: https://www.econbiz.de/10014398033
paper are subject to an extraordinary degree of uncertainty. The key messages are: (1) that the devastating civil war has … what it was before the war started and it could take two decades or more for Syria to return to its pre-conflict GDP levels …
Persistent link: https://www.econbiz.de/10011711573
Over the last thirty years Burundi''s low economic growth has led to a significant decline in per capita GDP. The purpose of this paper is to shed light on supply-side constraints that prevented Burundi''s economy from growing faster. Lack of investment, civil conflict, economic inefficiencies,...
Persistent link: https://www.econbiz.de/10014404284