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No kidding: GDP grows slower in war than during peacetime #SyriaCrisis #YemenCrisis #iraq

A study by Collier (1999) found that, during civil war, countries tended to grow around 2.2 percentage points more slowly than during peace. ~ World Bank No kidding: War costs money and GDP grows slower in war than during peacetime.  … Continue reading

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Filed under Analysis, PIDE (Policy, International Development & Economics), Politics