complemented by better exchange rate management (resulting in lower exchange rate and inflation volatility) and more fiscal … conditions, characterized by higher and more stable real per-capita growth rates, and lower and more stable inflation. This paper … reduction in growth volatility, of more than 50%, in the agricultural sector, and a gradual stabilization in services. On the …

Terrorism is a major issue in the 21st century. In this paper we examine the effect of terrorism on the stock market …. We go beyond previous studies to explore the spectre of terrorism on the market rather than terrorist activities. Using a … narrative-based approach à la Shiller (2019), we find that the spectre of terrorism during the Northern Ireland Troubles reduced …

In spite of the growing consensus of the need to utilise military expenditure to help combat terrorism, our … understanding of the threshold at which military expenditure reduces the effect of terrorism stemming from capital flight remains … terrorism, 5.734 to 7.363 for unclear terrorism and 4.710 to 6.617 for total terrorism. No thresholds are apparent in …

We assess the effects of terrorism on capital flight in a panel of 29 African countries for which data is available for … the period 1987-2008. The terrorism dynamics entail domestic, transnational, unclear and total terrorisms. The empirical …, with the magnitude relative higher from unclear terrorism. Second, for QR: (i) the effect of transnational terrorism is now …

modulate the incidence of terrorism on financial development in Africa. Two terrorism indicators are adopted for this study …This study empirically verifies the effect of terrorism on financial development and how globalisation and governance …, namely, the: number of terrorism incidences and number of terrorism deaths. The methodology involves the pooled data …

The purpose of this study is to assess the thresholds at which military expenditure modulates the effect of terrorism … terrorism, 5.734 to 7.363 for unclear terrorism and 4.710 to 6.617 for total terrorism. No thresholds are apparent in … transnational terrorism related regressions. Depending on the terrorist target, the findings broadly show that a critical mass of …