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 hig...

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Bibliographic Details
Main Author: Clements, Benedict
Other Authors: Bhattacharya, Rina, Chakravarti, Shamit, Gupta, Sanjeev
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2002.
Series:IMF Working Papers; Working Paper ; No. 2002/142
Online Access:Full text available on IMF