THE EFFECT OF WAR ON SOCIO-ECONOMIC DEVELOPMENT IN AFRICA
Abstract
The literature on the impact of war on economic condition of a country is very limited however a brief review of the available literature is presented below. Bloomberg et al. (2002) present an economic model of war, in which terrorist groups who are unhappy with the current situation in a country try to bring change by indulging in terrorist activities. Terrorist activities of such groups may have different results depending on the economic situation. Either they can reduce the economic activities by increasing war, or if more economic incentives are present in the economy then war is reduced for example, more employment opportunities can reduce the incentive to indulge in terrorist activities. Study is of the view that recessions in high income countries can result in higher probability of terrorist activities.
Downloads
Copyright (c) 2022 IJRDO - Journal of Social Science and Humanities Research
This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.
Author(s) and co-author(s) jointly and severally represent and warrant that the Article is original with the author(s) and does not infringe any copyright or violate any other right of any third parties, and that the Article has not been published elsewhere. Author(s) agree to the terms that the IJRDO Journal will have the full right to remove the published article on any misconduct found in the published article.
