Skip Navigation


The World Bank Economic Review Advance Access originally published online on February 10, 2008
The World Bank Economic Review 2008 22(1):63-85; doi:10.1093/wber/lhn001
This Article
Right arrow Full Text
Right arrow Full Text (PDF)
Right arrow Supplementary Data
Right arrow All Versions of this Article:
22/1/63    most recent
lhn001v1
Right arrow Alert me when this article is cited
Right arrow Alert me if a correction is posted
Services
Right arrow Email this article to a friend
Right arrow Similar articles in this journal
Right arrow Similar articles in ISI Web of Science
Right arrow Alert me to new issues of the journal
Right arrow Add to My Personal Archive
Right arrow Download to citation manager
Right arrowRequest Permissions
Google Scholar
Right arrow Articles by Chen, S.
Right arrow Articles by Reynal-Querol, M.
Right arrow Search for Related Content
Related Collections
Right arrow D74 - Conflict; Conflict Resolution; Alliances
Right arrow H56 - National Security and War
Right arrow O11 - Macroeconomic Analyses of Economic Development
Right arrow O17 - Formal and Informal Sectors; Shadow Economy; Institutional Arrangements
Social Bookmarking
Add to CiteULike   Add to Connotea   Add to Del.icio.us  
What's this?

© The Author 2008. Published by Oxford University Press on behalf of the International Bank for Reconstruction and Development / THE WORLD BANK. All rights reserved. For permissions, please e-mail: journals.permissions@oxfordjournals.org

The Aftermath of Civil War

Siyan Chen, Norman V. Loayza, and Marta Reynal-Querol

Siyan Chen is a Master's student in computational finance at Carnegie Mellon University; her email address is siyanc{at}andrew.cmu.edu
Norman V. Loayza (corresponding author) is a lead economist at the World Bank;
Marta Reynal-Querol is Ramon y Cajal Research Fellow at the Universitat Pompeu Fabra and research affiliate at the Center for Economic Policy Research (CEPR) and the Munich Society for the Promotion of Economic Research (CESifo); her email address is marta.reynal{at}upf.edu

Correspondence: his email address is nloayza{at}worldbank.org

JEL code: O11

Using an event-study methodology, the article analyzes the aftermath of civil war in a cross-section of countries. It focuses on cases where the end of conflict marks the beginning of relatively lasting peace. The analysis considers 41 countries involved in internal wars over the period 1960–2003. To provide a comprehensive evaluation of the aftermath of war, a range of social areas is considered: basic indicators of economic performance, health and education, political development, demographic trends, and conflict and security issues. For each indicator the post- and pre-war situations are compared and their dynamic trends during the post-conflict period are examined. The analysis is conducted in both absolute terms and relative to control groups of countries that are similar except for conflict. The findings indicate that even though war has devastating effects and its aftermath can be immensely difficult, when the end of war marks the beginning of lasting peace, recovery and improvement are achieved.


Add to CiteULike CiteULike   Add to Connotea Connotea   Add to Del.icio.us Del.icio.us    What's this?




Disclaimer: Please note that abstracts for content published before 1996 were created through digital scanning and may therefore not exactly replicate the text of the original print issues. All efforts have been made to ensure accuracy, but the Publisher will not be held responsible for any remaining inaccuracies. If you require any further clarification, please contact our Customer Services Department.