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- W56427995 abstract "Political unrest, civil war, and—in extreme instances—genocide have contributed to the disappointing economic growth observed in many developing countries in recent decades, particularly in Africa. Sustained periods of violence also influence the distribution of income within a society; a cross-country analysis shows that income inequality increases as a result of violent conflicts, especially in the early post-war period. Immediate post-war efforts to address the social and economic disruption caused by conflict may help to counteract this trend. The number of violent conflicts being fought around the globe in a given year increased steadily following the end of the Second World War, and despite a fall in the number of conflicts since the collapse of the Eastern Bloc, war still threatens the well-being of millions of people worldwide. In recent decades, the face of conflict has also changed: conflicts between sovereign nations have become rare; rather, the majority of conflicts involve national or regional crises or violent unrest.1 Approximately one quarter of all countries worldwide are currently experiencing violent mass protests, ethnic unrest, civil war, terrorism, or genocide. Conflicts have a wide range of political, social, and cultural impacts. The economic consequences of conflict can be particularly devastating. Studies investigating the effects of civil war on the distribution of production factors confirm that conflicts lead to a substantial drop in economic growth.2 These studies underscore falling private investment as a key factor that inhibits growth. The pace and scope of economic recovery following a conflict then appear to be positively influenced first and foremost by international aid and increased social spending. In this study, we focus on the effects that violent conflict has on income distribution, a topic that has not been systematically investigated to date.3" @default.
- W56427995 created "2016-06-24" @default.
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- W56427995 date "2009-01-01" @default.
- W56427995 modified "2023-09-26" @default.
- W56427995 title "Violent Conflicts Increase Income Inequality" @default.
- W56427995 hasPublicationYear "2009" @default.
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