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 in official trade, with exports (imports) estimated to be 58 (34) percent …

only the material, economic welfare costs of conflict stemming from the altered path of consumption resulting from conflict …-peaceful world. But how much would individual be willing to pay to avoid just the economic costs of conflict? Remarkably, even these … pure economic welfare losses from conflict are quite large. I find that, on average, individuals who live in a country that …

Poverty-growth elasticities are frequently calculated to provide insight into the inclusiveness of the growth process …. Mathematically, the formula employed to calculate the growth elasticity of poverty leads to lower values for higher initial poverty … and space. Poverty-growth semi-elasticities provide a more robust measure of the responsiveness of poverty to growth. …