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Three Macroeconomic Trends Around the Onset of Armed Conflict in Developing Economies (Английский)

This paper studies the evolution of three macroeconomic variables (namely current fiscal expenditures, public debt, and consumer-price inflation) around the time of the onset of armed conflicts during 1950-2016. The authors compare the performance of these variables in conflict-afflicted economies with economies that did not experience social conflict. The analyses cover episodes of conflict from around the world and study the evolution of these variables...
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