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Economic Impact of Selected Conflicts in the Middle East.

Author: Randa Sab
Publisher: Washington : International Monetary Fund, 2014.
Series: IMF Working Papers.
Edition/Format:   eBook : Document : EnglishView all editions and formats
Summary:
Using narrative-based country-case studies, war episodes in the Middle East were examined to assess their economic impact on conflict and neighboring economies. The paper found that conflicts led to a contraction in growth, higher inflation, large fiscal and current account deficits, loss of reserves, and a weakened financial system. Post-conflict recovery depended on the economic and institutional development of  Read more...
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Genre/Form: Electronic books
Additional Physical Format: Print version:
Sab, Randa.
Economic Impact of Selected Conflicts in the Middle East: What Can We Learn from the Past?
Washington : International Monetary Fund, ©2014
Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Randa Sab
ISBN: 9781498390309 1498390307
OCLC Number: 884646316
Description: 1 online resource (33 pages).
Contents: Cover; Contents; Introduction; Tables; 1. Macroeconomic Indicators for War Episodes for Lebanon, Kuwait, and Iraq; A. Literature Review; B. Economic Impact of the Conflicts and Trends in Post-Conflict Recovery; Figure 1. Cumulative Real GDP Loss During the War; 2. Selected War Episodes in MENA: Years Required for Selected Macro Variables to Return to Their Pre-War Levels; C. Regional Spillovers; D. Conclusions: What Can We Learn from the Past?; Appendix: Impact of Wars on Selected Countries; A. Lebanon Civil War (April 13, 1975-October 13, 1990); Appendix Figures. 1. Lebanon: Macroeconomic IndicatorsB. Gulf War-Kuwait's Invasion by Iraq (August 2, 1990-February 28, 1991); 2. Kuwait: Macroeconomic Indicators; 3. Jordan: Macroeconomic Indicators; C. 2003 Invasion of Iraq (March 19-May 1, 2003); 4. Iraq: Macroeconomic Indicators; 5. Syria: Macroeconomic Indicators; References.
Series Title: IMF Working Papers.

Abstract:

Using narrative-based country-case studies, war episodes in the Middle East were examined to assess their economic impact on conflict and neighboring economies. The paper found that conflicts led to a contraction in growth, higher inflation, large fiscal and current account deficits, loss of reserves, and a weakened financial system. Post-conflict recovery depended on the economic and institutional development of the country, economic structure, duration of the war, international engagement, and prevailing security conditions. The net economic impact on neighboring countries varied according t.

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