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A Survey Of The Global Economic Costs Of Conflict

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  • Carlos Bozzoli
  • Tilman Bruck
  • Simon Sottsas

Abstract

This paper defines the global economic costs of conflict and suggests two key criteria, namely comprehensiveness and consistency, which are necessary for a valid calculation of such costs. A critical review of the literature reveals that most studies focus on national income losses, using counterfactual regression models, finding a negative impact on growth both for conflict countries themselves and for their neighbors. However, the debate is quite fragmented and the literature fails to combine these insights in a comprehensive and consistent manner. Furthermore, there is little work thus far on integrating aggregate and micro-level estimates of the costs of conflict.

Suggested Citation

  • Carlos Bozzoli & Tilman Bruck & Simon Sottsas, 2010. "A Survey Of The Global Economic Costs Of Conflict," Defence and Peace Economics, Taylor & Francis Journals, vol. 21(2), pages 165-176.
  • Handle: RePEc:taf:defpea:v:21:y:2010:i:2:p:165-176 DOI: 10.1080/10242690903568934
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    Cited by:

    1. Hönig, Tillman, 2017. "The Impact of Peace: Evidence from Nigeria," MPRA Paper 83302, University Library of Munich, Germany.
    2. Tilman Brück & Fernanda Llussá & José Tavares, 2010. "Perceptions, Expectations, and Entrepreneurship: The Role of Extreme Events," Discussion Papers of DIW Berlin 1093, DIW Berlin, German Institute for Economic Research.
    3. Brück, Tilman & Naudé, Wim & Verwimp, Philip, 2013. "Entrepreneurship and Violent Conflict in Developing Countries," WIDER Working Paper Series 028, World Institute for Development Economic Research (UNU-WIDER).
    4. Wild, Phillip & Hinich, Melvin J. & Foster, John, 2010. "Are daily and weekly load and spot price dynamics in Australia's National Electricity Market governed by episodic nonlinearity?," Energy Economics, Elsevier, pages 1082-1091.
    5. Daniel Hyslop, 2012. "Can the Economics of Shared Societies Support More Resilient Economies and Global Sustainability? Challenges and opportunities in an interdependent world," Working Papers 2012/31, Maastricht School of Management.
    6. Jurgen Brauer & J. Paul Dunne, 2011. "Macroeconomics and Violence," Chapters,in: Handbook on the Economics of Conflict, chapter 13 Edward Elgar Publishing.
    7. Raphael Bossong, 2012. "EU Civilian Crisis Management and Organisational Learning," Economics of Security Working Paper Series 62, DIW Berlin, German Institute for Economic Research.

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    Keywords

    War; Conflict; Costs; Growth; Methodology; Survey;

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