TY - BOOK AU - Cevik,Serhan AU - Rahmati,Mohammad TI - Breaking the Curse of Sisyphus: An Empirical Analysis of Post-Conflict Economic Transitions T2 - IMF Working Papers; Working Paper SN - 147553115X : SN - 1018-5941 PY - 2013/// CY - Washington, D.C. PB - International Monetary Fund KW - Civil Conflict KW - imf KW - Conflict Recurrence Risk KW - Criteria for Decision-Making Under Risk and Uncertainty KW - Dynamic Panel Estimation KW - GDP per Capita KW - General KW - Bosnia and Herzegovina KW - Congo, Democratic Republic of the KW - Liberia N2 - This paper provides a broad empirical analysis of the determinants of post-conflict economic transitions across the world during the period 1960-2010, using a dynamic panel estimation approach based on the system-generalized method of moments. In addition to an array of demographic, economic, geographic, and institutional variables, we introduce an estimated risk of conflict recurrence as an explanatory variable in the growth regression, because post-conflict countries have a tendency to relapse into subsequent conflicts even years after the cessation of violence. The empirical results show that domestic factors, including the estimated probability of conflict recurrence, as well as a range of external variables, contribute to post-conflict economic performance UR - http://elibrary.imf.org/view/IMF001/20185-9781475531152/20185-9781475531152/20185-9781475531152.xml UR - http://www.imfbookstore.org/IMFORG/9781475531152 ER -