We experimentally study how economic prospects and power shifts affect the risk of conflict through a dynamic power rivalry game. Players decide whether to maintain the status quo or challenge a rival under declining, constant, or growing economic prospects. We find that conflict rates are...

We provide a selective overview of the literature on the linkages between interstate conflict and international trade, paying special attention to how trade openness (i) affects arming incentives, (ii) the channels through which its effects travel, and (iii) its consequences for the emergence of...

We consider a dynamic setting where two countries with competing claims to a resource/asset first arm and then choose whether to resolve their dispute through war or peacefully through settlement. War precludes international trade and can be destructive, but also locks gains and eliminates...

Elections in fragile democracies are not merely contests over policy but battles for control over state resources, including foreign aid. Aid provides local governments with substantial discretionary funds, creating strong incentives for rent-seeking political actors to capture political office....

This handbook chapter provides a synthesis of the literature on armed conflicts, with a special focus on development economics, while covering also other disciplines. The piece starts off with a discussion of the main consequences of conflict before investigating its root causes. First, a series...

This paper examines the compounded effects of conflict on household recovery following disasters, using Nigeria as a case study. The analysis employs the "Unbreakable" microsimulation model to analyze how proximity to conflict influences recovery rates and well-being, measured by consumption...

We introduce political salience into a canonical model of attacks against political regimes, as scaling agents’ expressive payoffs from taking sides. Equilibrium balances heterogeneous expressive concerns with material bandwagoning incentives. We examine comparative statics in salience that...

Wars fueled by resource wealth pose complex challenges for conflict resolution. I combine data on conflict events, rebel resource dependence, world market prices, and ceasefire details to investigate how fluctuations in rebel funding affect the likelihood of ceasefires. Increased funding...

Russia's invasion and occupation of Ukrainian territory since 2014 has forced its government to implement emergency measures that challenge legal order. This paper examines how citizens' exposure to these security responses shapes their perceptions of the rule of law. Using proximity to war...

In sheer quantity, the five original BRICS countries appear impressive. They account for a substantial share of the world's population, economy, trade and muster large militaries. In January 2024, BRICS gained even more steam, by admitting four new member states that participated in the most...

How do rebel groups incorporate locals into their economic systems, and how do these civil-military relations affect the political dynamics of armed conflicts? This study explores the economic institutions regulated by rebel groups in conflict areas and their impact on the duration of the...

This study investigates the relationship between foreign aid and conflict incidence at the sub-national level across Africa using an innovative, high-resolution panel dataset of monthly grid-cell observations. By combining geo-referenced World Bank aid data with conflict event data from the...

How do violent conflicts shape cross-border lending? Using data on syndicated loans by 14,021 creditors to firms in 179 countries (1989-2020), we document a dual effect: foreign banks reduce overall lending relative to domestic banks but significantly increase financing to military and dual-use...

Economic resources are often seen as decisive for the outcomes of military conflicts. This paper asks whether “deeper pockets” help win wars. We construct a fine-grained dataset covering more than 700 interstate disputes and rely on exogenous resource price shocks to estimate the causal...

Since its independence in 2011, South Sudan has confronted persistent challenges from conflict and climate change, profoundly disrupting its economic and social stability. This study analyzes the economic impacts of conflict and climate shocks-specifically floods and droughts-on South Sudan from...

We investigate how exposure to conflict events shapes individuals' democratic preferences, focusing on support for democracy in general and perceptions of governance within one's own country. We examine how ethnic affiliation - whether an individual belongs to an ethnic group with access to...

In the preceding 11 years, Turkey has witnessed 925 terrorist incidents, resulting in the unexpected passing of 1,439 people. Concurrently, the neighbouring nations, Syria, and Iraq, have also experienced a multitude of terrorist activities. This study's main objective is to explore how these...

Using novel scenario-based survey questions that randomize the expected duration of the Russian invasion of Ukraine and Middle East conflict, we examine the causal impact of geopolitical risk on consumers’ beliefs about aggregate economic conditions and their own financial outlook. Expecting a...

Colombia’s prolonged conflict has made the country one of the most affected by forced internal displacement (FID) in the world. This study examines the impact of the FARC’s 2014 unilateral and permanent ceasefire on FID. We use a difference-in-differences strategy that exploits the timing of...

Little is known about the effects of political conflicts on the status of women in society. Polarizing attitudes might have a differential effect on women's lives after a conflict. To consider this, the case of Greece after the Second World War is exploited, when the country became highly...

We examine the intersection of two subfields within political economy: geoeconomics and conflict. Geoeconomics is primarily concerned with the use of "economic weapons " of coercion, while the conflict literature mainly focuses on military weapons and war. We propose bridging these two...

The existential catastrophe faced by the population of the Gaza Strip currently looms large in the foreign policy and security debates. The plight of civilians there is par­ticularly acute. Yet, severe crises persist elsewhere too - from Ukraine and Sudan to Myanmar, the Democratic Republic of...

Hamas's attack on Israel and the subsequent military response, the number of antisemitic incidents in Germany has risen significantly - including at universities, according to many reports. The media report on anti-Israeli sentiments, and Jewish students are threatened and attacked. Funded by...