readingreqop.blogg.se - The first major armed conflict of the cold war took place in

The total economic cost of the conflict in Sri Lanka between 19 amounted to about $4.2 billion, twice the country's 1996 GDP.

Low- and middle-income countries have borne the brunt of the violence: almost 70 percent of major conflicts and more than 20 percent of international terrorist attacks between 19 took place in Asia and Africa.Ĭountries' short- and medium-term growth prospects are likely to suffer as a result of conflict and terrorist acts, as suggested by this paper and several country case studies: Between 19, more than 4 million people are estimated to have died in violent conflicts, while international terrorist attacks increased from about 342 a year between 19 to 387 between 20. Instead, we are witnessing an era of scattered conflicts, while terrorist groups have become more sophisticated and destructive. The end of the Cold War was supposed to bring with it a "peace dividend" that would release resources for more productive purposes. How armed conflict and terrorism undermine economic performance.

Sanjeev Gupta, Benedict Clements, Rina Bhattacharya, and Shamit Chakravarti