May 8, 2017

Conflict has been on the rise since the early 2000s given the wars in Afghanistan, Iraq, and Syria.

Conflict leads not only to immeasurable human costs, but also to substantial economic losses with consequences that can persist for years. The tragic rise in conflict has weighed on global GDP growth in recent years, given the increasing number of countries experiencing strife, the severe effect on economic activity, and the considerable size of some of the affected economies.

The IMF’s most recent World Economic Outlook (Box 1.1) takes a closer look through the lens of conflict’s impact on economic growth and migration. 

Countries currently involved in conflict accounted for 1 to 2.5 percent of GDP in 2010. The World Economic Outlook measured conflict based on severity—if there are at least 50, 100, or 150 conflict-related deaths per million people in the country and for three different periods: 2002 to 2005, 2006 to 2009, and 2010 to 2015. The share of global GDP affected by conflict is based on the first year in each period, before the negative effects of conflict on GDP have fully materialized. Den Rest des Beitrags lesen »