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 … estimates are consistent with the hypothesis that conflict and terrorism have a significant negative impact on growth through …

This paper provides a broad empirical analysis of the determinants of post-conflict economic transitions across the … world during the period 1960–2010, using a dynamic panel estimation approach based on the system-generalized method of … risk of conflict recurrence as an explanatory variable in the growth regression, because post-conflict countries have a …