The US economy was poised on the edge of a recession even before 11 September. Following the attacks, the immediate financial shocks were contained. But, despite plans by the Bush government to provide a large boost to the economy, because of massive overinvestment and overborrowing, a serious...

Economists have had much to say about the impact of economic policies on growth, but little on their distributional consequences and poverty impact. The reorientation of development policy from structural adjustment to poverty reduction as the central objective thus called for new tools to...

Within EUSECON, one research subproject investigates the relationship between economic downturns, terrorism and electoral outcomes. The analysis is carried out using data from Spain. Recent Spanish democratic history has witnessed four complete economic cycles, with deep recessions and...