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Financial Reconstruction in Conflict and 'Post-Conflict' Economies

Author

Listed:
  • Tony Addison
  • Alemayehu Geda
  • Philippe Le Billon
  • Mansoob Murshed

Abstract

This paper discusses some of the principal issues relating to the reconstruction of the financial sector in conflict-affected countries, focusing on currency reform, the rebuilding (or creation) of central banks, the revitalization of the banking system, and its prudential supervision and regulation. Different types of conflict have different effects on the financial system. Country priorities for reconstruction therefore vary accordingly. Nevertheless, the following problems repeatedly occur in reconstruction. First, central banks often remain weak and under-resourced.

Suggested Citation

  • Tony Addison & Alemayehu Geda & Philippe Le Billon & Mansoob Murshed, 2001. "Financial Reconstruction in Conflict and 'Post-Conflict' Economies," WIDER Working Paper Series DP2001-90, World Institute for Development Economic Research (UNU-WIDER).
    • Handle: RePEc:unu:wpaper:dp2001-90
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    File URL: https://www.wider.unu.edu/sites/default/files/dp2001-90.pdf
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    Citations

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    Cited by:

    1. Janine Aron, 2003. "Building institutions in post-conflict African economies," Journal of International Development, John Wiley & Sons, Ltd., vol. 15(4), pages 471-485.
    2. repec:idq:ictduk:13551 is not listed on IDEAS
    3. Andriy Polchanov, 2018. "Peculiarities of the Development of Ukraine's Financial Potential in the Period of Military Conflict," Oblik i finansi, Institute of Accounting and Finance, issue 2, pages 96-101, June.
    4. Vanessa van den Boogaard & Wilson Prichard & Nikola Milicic & Matthew Benson, 2016. "Tax revenue mobilization in conflict-affected developing countries," WIDER Working Paper Series 155, World Institute for Development Economic Research (UNU-WIDER).
    5. Tony Addison & Abdur Chowdhury & Mansoob Murshed, 2002. "By How Much Does Conflict Reduce Financial Development?," WIDER Working Paper Series DP2002-48, World Institute for Development Economic Research (UNU-WIDER).
    6. Nataliia Vygovska & Andriy Polchanov, 2019. "Estimation of the Losses of the Ukraine's Financial Potential from Military Conflict," Oblik i finansi, Institute of Accounting and Finance, issue 4, pages 70-77, December.
    7. repec:idq:ictduk:13659 is not listed on IDEAS
    8. Ghassan Dibeh, 2005. "The Political Economy of Postwar Reconstruction in Lebanon," WIDER Working Paper Series RP2005-44, World Institute for Development Economic Research (UNU-WIDER).
    9. International Monetary Fund, 2007. "Democratic Republic of the Congo: Selected Issues and Statistical Appendix," IMF Staff Country Reports 2007/329, International Monetary Fund.

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