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The Macrotheme Review A multidisciplinary journal of global trends Economic Consequences of Civil Wars in the Post-World War II Period
| Content Provider | CiteSeerX |
|---|---|
| Author | Li, Qi |
| Abstract | What are the economic consequences of civil wars in the post-World War II period? In particular, what is the standard post-conflict dynamics? The paper addresses this issue by using synthetic control methods to simulate the counterfactual economic outcome and investigate the effect of civil war on post-war economic dynamic on a case-by-case basis. Focusing on civil wars initiated between 1970 and 1997, our results support the argument of the “war ruin ” school that more destructive than constructive effects the civil wars have. Even 10 years after the civil war, GDP per capita in countries suffered civil war is still 40 % lower than its potential level. The post-war growth rates for countries suffered from civil wars in general are also not higher than what they would be if there are no wars at all. |
| File Format | |
| Access Restriction | Open |
| Subject Keyword | Post-world War Ii Period Global Trend Economic Consequence Constructive Effect Post-war Growth Rate Case-by-case Basis Civil War Counterfactual Economic Outcome War Ruin School Synthetic Control Method Macrotheme Review Multidisciplinary Journal Economic Consequence Potential Level Post-war Economic Dynamic Standard Post-conflict Dynamic |
| Content Type | Text |
