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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 …
Persistent link: https://www.econbiz.de/10013317847
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In this chapter, we review the recent literature on conflict and appropriation. Allowing for the possibility of conflict, which amounts to recognizing the possibility that property rights are not perfectly and costlessly enforced, represents a significant departure from the traditional paradigm...
Persistent link: https://www.econbiz.de/10014024407
This study empirically verifies the effect of terrorism on financial development and how globalisation and governance … modulate the incidence of terrorism on financial development in Africa. Two terrorism indicators are adopted for this study …, namely, the: number of terrorism incidences and number of terrorism deaths. The methodology involves the pooled data …
Persistent link: https://www.econbiz.de/10012487020
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This research argues that variations in the interplay between cultural assimilation and cultural diffusion have played a significant role in giving rise to differential patterns of economic development across the globe. Societies that were geographically less vulnerable to cultural diffusion,...
Persistent link: https://www.econbiz.de/10014051236
Governments perpetually align their policies to satisfy shifts in voters' relative demand for economic growth versus social equality. Following such shifts, increases (decreases) in government interventions lower (raise) both inequality and growth. This pattern is stronger in egalitarian...
Persistent link: https://www.econbiz.de/10014185716
We use recent immigration data from 195 countries and propose an index of population diversity based on people's birthplaces. This new index is then decomposed into a size (share of foreign born) and a variety (diversity of immigrants) component and is available for 1990 and 2000 disaggregated...
Persistent link: https://www.econbiz.de/10009793124
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