This paper analyzes the economic growth impact of organized political violence. First, the authors articulate the theoretical underpinnings of the growth impact of political violence in a popular model of growth under uncertainty. The authors show that, under plausible assumptions regarding attitudes toward risk, the overall effects of organized political violence are likely to be much higher than its direct capital destruction impact. Second, using...
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DETALHES
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2008/08/01
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Documento de trabalho sobre pesquisa de políticas
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WPS4692
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1
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1
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2010/07/01
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Disclosed
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Political violence and economic growth
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Civil War
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