The Economic and Political Consequences of Conflict and Implications for Post-Conflict Recovery in Africa

Ibrahim A. Elbadawi and Njuguna S. Ndung’u

Chapter 2 in Post-Conflict Economies in Africa, 2005, pp 18-44 from Palgrave Macmillan

Abstract: Abstract In sub-Saharan Africa (SSA) one in every five people is directly affected by civil war. So it is not surprising that a recent multi-agency report on the prospects of Africa’s development identifies the task of overcoming the conflict-poverty trap as the most basic and most serious challenge facing sub-Saharan Africa at the time of writing (World Bank, 2000).1 The essence of this trap is not only reflected by the bi-causal relationship between growth (and hence poverty) and the risk of conflict, but also has pivotal linkages with other fundamental variables necessary for post-conflict economic recovery.

Keywords: Real Exchange Rate; Government Consumption; Private Investment; Public Investment; Money Demand (search for similar items in EconPapers)
Date: 2005
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Persistent link: https://EconPapers.repec.org/RePEc:pal:intecp:978-0-230-52273-2_2

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DOI: 10.1057/9780230522732_2

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