Economic Analysis of Civil Wars

Student: Alekseeva Natalya

Educational Programme: Economics (Bachelor)

Final Grade: 7

Year of Graduation: 2017

This work is devoted to the 26- year research analysis of the relationship between civil war variables, political variables and growth rate (GDP %) and the relationship between financial aid - Foreign Direct Investments (net inflows) and the durability of civil wars with the help of time-series and cross-sectional model types in 40 less developed and developing countries. I explore 4 issues about the link between the civil war variables and economic growth, and also the connection between foreign investments and the civil war variables. According to the econometric analysis there is a strong negative relation between civil wars and economic growth, there is a strong negative relation between financial aid made before the war and civil war duration, but there is a positive correlation between foreign investments made during conflicts and durability of civil war, so all 4 hypotheses are confirmed.

Full text (added May 12, 2017)

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