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Critics of trade liberalization argue that globalization increases countries' vulnerability to economic shocks and … argue that globalization promotes economic growth and reduces poverty, which leads to a reduction in the risk of internal … basis for concluding that globalization affects the risk indirectly through its effect on long- and short-term growth. In …
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We investigate the empirical impact of violence as compared to other trade impediments on trade flows. Our analysis is based on a panel data set with annual observations on 177 countries from 1968 to 1999, which brings together information from the Rose [2004] dataset, the ITERATE dataset for...
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The estimation of the costs of conflict is currently receiving a lot of attention in the literature. This paper aims to give a thorough overview of the existing literature, first by addressing the history of case studies that address conflict costs and second by looking at the existing body of...
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