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Market resilience in times of crisis: The case of Darfur

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  • Alessandro De Matteis
  • Fethiye Burcu Turkmen Ceylan
  • Bereket Kebede

Abstract

This article focuses on market behavior during crises. It provides an analysis of market functioning in North Darfur, Sudan, over a decade when both natural and manmade disasters were experienced. Results obtained using two rigorous methodological approaches highlight how markets not only remained functional during crises, but even operated more efficiently after a shock than in normal conditions. While our analysis focuses on specific events, we argue that our findings have general validity and application.

Suggested Citation

  • Alessandro De Matteis & Fethiye Burcu Turkmen Ceylan & Bereket Kebede, 2021. "Market resilience in times of crisis: The case of Darfur," Review of Development Economics, Wiley Blackwell, vol. 25(3), pages 1107-1127, August.
    • Handle: RePEc:bla:rdevec:v:25:y:2021:i:3:p:1107-1127
    DOI: 10.1111/rode.12783
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    Cited by:

    1. Abay, Kibrom & Abdelfattah, Lina Alaaeldin & Breisinger, Clemens & Siddig, Khalid H. A., 2023. "Evaluating Cereal Market (Dis)Integration in Less Developed and Fragile Markets: The Case of Sudan," 2023 Annual Meeting, July 23-25, Washington D.C. 335634, Agricultural and Applied Economics Association.
    2. Abay, Kibrom A. & Abdelfattah, Lina & Breisinger, Clemens & Siddig, Khalid, 2023. "Evaluating cereal market (dis)integration in less developed and fragile markets: The case of Sudan," Food Policy, Elsevier, vol. 114(C).

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