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War, whether external or internal, large or small, is a costly endeavor. Loss of life, loss of close friends or family …, and the destruction of material possessions all play a part in the costs of war. The purpose of this paper is to capture …-peaceful world. But how much would individual be willing to pay to avoid just the economic costs of conflict? Remarkably, even these …
Persistent link: https://www.econbiz.de/10011514153
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...
Persistent link: https://www.econbiz.de/10012252077
IMF’s Structural Adjustment Program, and the effect of Tajikistan’s civil war on ex-combatants’ capacity for trust and … cooperation. Taken together, these contributions show that economics needs a theory of conflict to understand both outright …
Persistent link: https://www.econbiz.de/10010353640
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variables. This study draws on conflict variables from the Correlates of War (COW) project to ask a critical question: How do … different types of conflict affect country growth rates? It finds that wars slow the economy. Estimates indicate that civil war …-democracies, low income countries, and countries in Africa. -- Economic growth ; war ; conflict …
Persistent link: https://www.econbiz.de/10003940441
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This paper studies the economic costs of conflicts at the country and ethnic group settlement level with light output data as measured by orbital satellites and conflict data spatially mapped to latitude and longitude coordinates. Using a worldwide data set of 7,704 individual ethnic group...
Persistent link: https://www.econbiz.de/10013021755
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of war; 2) given the war, what explains the reduction in economic growth in terms physical capital, labor force, human … capital, and productivity; and 3) what potential growth scenarios for Syria there could be in the aftermath of war. Estimates …
Persistent link: https://www.econbiz.de/10012113903