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The Economic Consequences of Conflict in Sub-Saharan Africa
Author:
Xiangming Fang null

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Siddharth Kothari
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Mr. Cameron McLoughlin null

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Mustafa Yenice null

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Series:
IMF Working Papers
Volume/Issue:
Volume 2020: Issue 221
Language:
English
Publication Date:
30 Oct 2020
DOI:
https://doi.org/10.5089/9781513559667.001
ISBN:
9781513559667
ISSN:
1018-5941
Pages:
29
Keywords:
conflict; growth; fiscal policy; military spending; sub-Saharan Africa; sub-Saharan Africa country; partner country growth; per-capita GDP; Sahel region; growth rate; public finances; No. of country; conflict country; civil war; time effect; country classification; Defense spending; Capital spending; Total expenditures; Africa; Middle East; East Africa; North Africa
Legal-disclaimer:
IMF Working Papers describe research in progress by the author(s) and are published to elicit comments and to encourage debate. The views expressed in IMF Working Papers are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.
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Sub-Saharan Africa has been marred by conflicts during the past several decades. While the intensity of conflicts in recent years is lower than that observed in the 1990s, the region remains prone to conflicts, with around 30 percent of the countries affected in 2019. In addition to immeasurable human suffering, conflicts impose large economic costs. On average, annual growth in countries in intense conflicts is about 2.5 percentage points lower, and the cumulative impact on per capita GDP increases over time. Furthermore, conflicts pose significant strains on countries’ public finances, lowering revenue, raising military spending, and shifting resources away from development and social spending.
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Cover IMF Working Papers
IMF Working Papers
ISSN:
1018-5941
Publisher:
International Monetary Fund