Conflict and Investment: A Review Across Health, Fertility, Education, and Economic Activity

Michele Di Maio and Uwe Sunde

No 20705, CEPR Discussion Papers from Centre for Economic Policy Research

Abstract: This paper provides an overview of the literature on the bidirectional relationship between conflict and private and public investment. We consider different dimensions of investment choices, including health, fertility, migration, education, and economic activity of firms and the government. The review puts a particular focus on the existing evidence for causality running from conflict to investment in these different dimensions, and from investment to conflict.

JEL-codes: D74 J10 L20 (search for similar items in EconPapers)
Date: 2025-10
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