Economic Globalization and Civil War

Globalization and Civil War

On the Economic Consequences of Civil War

A model of the economic effects of civil war and the post-war period is developed. A key feature is the adjustment of the capital stock through capital flight. Post-war this flight can either be reversed or continue, depending partly upon how far the capital stock has adjusted to the war. The model is tested on data for all civil wars since 1960. After long civil wars the economy recovers rapid...

Measuring the Economic Impact of Civil War

Civil wars impose substantial costs on the domestic economy. We empirically measure the economic impact of such internal wars. The paper contributes to the existing literature both theoretically and methodologically. First, it explores the economic channels through which civil war affects growth. Previous studies have shown the negative growth effects of civil wars. We go a step further by iden...

Economic Shocks , Civil War & Ethnicity Thorsten Janus & Daniel Riera - Crichton

We document a non-monotonic effect of economic downturns on civil war onset using a novel country panel dataset. Declining commodity terms of trade or income levels increase civil war risk significantly in countries with intermediate levels of ethnic diversity. In highly diverse or homogenous societies, if anything, economic declines help to prevent civil war. Given that the size of the largest...

Conditional Relationships and Civil War

................................................................................................................................................. 3 INTRODUCTION ........................................................................................................................................ 4 LITERATURE REVIEW ..................................................................................