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Fiscal Consequences of Armed Conflict and Terrorism in Low- and Middle-Income Countries

Author/Editor: Benedict J Clements, Sanjeev Gupta, Shamit Chakravarti, Rina Bhattacharya.

Release Date:August, 2002

This paper analyses the fiscal effects of armed conflict and terrorism on low- and middle-income countries. An analysis of 22 conflict episodes shows that armed conflict is associated with lower more...



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