Breaking the Curse of Sisyphus An Empirical Analysis of Post-Conflict Economic Transitions

This paper provides a broad empirical analysis of the determinants of post-conflict economic transitions across the world during the period 1960–2010, using a dynamic panel estimation approach based on the system-generalized method of moments. In addition to an array of demographic, economic, geogra...

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Bibliographic Details
Main Author: Cevik, Serhan
Other Authors: Rahmati, Mohammad
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2013
Series:IMF Working Papers
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
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300 |a 49 pages 
651 4 |a Bosnia and Herzegovina 
653 |a Migration 
653 |a Income 
653 |a Terms of trade 
653 |a International relief 
653 |a Labour; income economics 
653 |a Economic policy; nternational cooperation 
653 |a Personal income 
653 |a Natural resources 
653 |a Criteria for Decision-Making under Risk and Uncertainty 
653 |a Conflict 
653 |a Skills 
653 |a Environmental management 
653 |a Exports and Imports 
653 |a National accounts 
653 |a Personal Income, Wealth, and Their Distributions 
653 |a Economic Development: General 
653 |a Labor 
653 |a International trade 
653 |a Macroeconomic Analyses of Economic Development 
653 |a Income Distribution 
653 |a Economic Development: Human Resources 
653 |a Foreign aid 
653 |a Macroeconomics 
653 |a Occupational Choice 
653 |a Human Capital 
653 |a Human capital 
653 |a Economywide Country Studies: General 
653 |a Human Development 
653 |a Environment 
653 |a Agricultural and Natural Resource Economics 
653 |a Natural Resources 
653 |a International economics 
653 |a Labor Productivity 
653 |a Alliances 
653 |a Foreign Aid 
653 |a Environmental and Ecological Economics: General 
653 |a Empirical Studies of Trade 
653 |a Conflict Resolution 
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520 |a This paper provides a broad empirical analysis of the determinants of post-conflict economic transitions across the world during the period 1960–2010, using a dynamic panel estimation approach based on the system-generalized method of moments. In addition to an array of demographic, economic, geographic, and institutional variables, we introduce an estimated risk of conflict recurrence as an explanatory variable in the growth regression, because post-conflict countries have a tendency to relapse into subsequent conflicts even years after the cessation of violence. The empirical results show that domestic factors, including the estimated probability of conflict recurrence, as well as a range of external variables, contribute to post-conflict economic performance