Windows of peace: the effect of ceasefires on economic recovery

Alex Armand, Myriam Marending and Galina Vysotskaya

No wp-2023-35, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)

Abstract: While much of the literature studies causes and consequences of war, the reverberations of peace have rarely been studied. By focusing on the universe of ceasefire agreements since 1993, we study the causal effect of peace on economic recovery using a regression discontinuity in time approach. We estimate these impacts by temporally and spatially matching information on ceasefires with granular data about violence and economic recovery, allowing us to observe their dynamics at highly disaggregated levels and in temporal proximity to their entry into force.

Keywords: Peace; Conflict; Conflict management; economic recovery; Development; Post-conflict recovery (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:unu:wpaper:wp-2023-35

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