Fiscal Consequences of Armed Conflict and Terrorism in Low- and Middle-Income Countries

Fiscal Consequences of Armed Conflict and Terrorism in Low- and Middle-Income Countries
This paper analyses the fiscal effects of armed conflict and terrorism on low- and middle-income countries. An analysis of 22 conflict episodes shows that armed conflict is associated with lower growth and higher inflation, and has adverse effects on tax revenues and investment. It also leads to higher government spending on defense, but this... READ MORE...

Publication date: August 2002
ISBN 9781451856262
$15.00

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