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- W2161303830 abstract "Evidence from Africa - especially Ethiopia and Uganda - sheds light on why, when a civil war ends, it takes time to claim a peace dividend. The note suggests there is rarely a substantial peace dividend in the short run, and moreover, the fiscal position may deteriorate to unsustainable levels. The need to reestablish security is paramount, such as well planned demobilization programs that provide compensation to the demobilized soldiers, which may in turn help prevent increased insecurity, crime, rural banditry, and circulation of weapons. The peace dividend also comes from a gradual recovery of confidence, where aid con play a critical role in accelerating the return to the market, permitting a much more rapid rehabilitation of roads, and other market infrastructure, than would be feasible if the state relied only on taxation. In addition, private investments should be reassured, and social capital restored. Thus, during transition, rebuilding the institutions of civil society, and sequencing of investment-sensitive reforms should increase the required confidence." @default.
- W2161303830 created "2016-06-24" @default.
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- W2161303830 date "1995-01-31" @default.
- W2161303830 modified "2023-10-18" @default.
- W2161303830 title "Some economic consequences of the transition from civil war to peace" @default.
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