Institutional implant and economic stagnation: a counterfactual study of Somalia

Bonneau, Daniel D.; Hall, Joshua C.; Zhou, Yang

doi:10.1007/s11127-021-00947-1

Cited by 5 publications

(2 citation statements)

References 54 publications

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“…There is a long-standing concern among economists about the different factors that can impact the direction of a country's ED [36]. For [17], when studying the differences between ED and economic growth, ED was usually referred to as a change in the economy that aids economic growth or qualitatively improves the social conjecture, which results from economic activity, whereas economic growth was mentioned as a change in the size of the economy.…”

Section: Economic Developmentmentioning

confidence: 99%

The Key to Sustainable Economic Development: A Triple Bottom Line Approach

2022

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Concerns about improving social, environmental, and economic living standards are the basis of the triple bottom line (TBL) link to economic development (ED). Aware of the importance of studying their relationship, this article analysed the influence of TBL on ED. A quantitative methodology was used. The sample comprised a panel of data from 2006 to 2019 for OECD (Organisation for Economic Co-operation and Development) countries. Five multiple linear regression models were estimated by the generalised method of moments. The results of this study revealed that the social dimension of TBL boosts ED, the environmental dimension of TBL slows down ED, and the economic dimension of TBL contains conflicting synergies in ED. The Human Development Index (HDI) should now include indicators of environmental wellbeing. Governments should adopt policies to improve social wellbeing to boost ED, work to coordinate the objectives of environmental protection and ED, and combat vulnerabilities arising from public debt. As one of the first studies to assess the influence of TBL on ED at the country level, the present findings contribute to the reflection about the influence of TBL on a country’s ED and strengthens the discussion around the influence of different dimensions of TBL.

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Section: Economic Developmentmentioning

confidence: 99%

The Key to Sustainable Economic Development: A Triple Bottom Line Approach

2022

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“… 2 See for recent applications of this method: Azzolini and Guetto ( 2017 ), Bonneau et al ( 2022 ), Geloso and Pavlik ( 2020 ), Grier and Maynard ( 2016 ). …”

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confidence: 99%

The Effect of the Great Recession on Italian Life Expectancy

Salinari

Benassi

Carboni

2023

Popul Res Policy Rev

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The 2008 economic crisis, also called the Great Recession, produced only a moderate rise in unemployment in Italy, but the consequences for public debt management were far more serious. Italy makes for a good case study for evaluating the effect on life expectancy at birth of the cost containment program in the health care system, implemented after the crisis began. To this end we employed the Artificial Control method using the data from the Human Mortality Database to assess the causal effect of the 2008 economic crisis on the subsequent evolution of life expectancy at birth (until 2019, before the onset of the COVID-19 pandemic). Our analysis identifies a significant deceleration in the progression of Italian life expectancy. Ten years after the onset of the crisis, Italy appears to have lost almost 1 year of life expectancy with respect to what would have been expected had the crisis never happened.

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Estimating the effects of Syrian civil war

Kešeljević

Spruk

2023

Empir Econ

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We estimate the effects of the Syrian civil war using a synthetic control method which is based on a counterfactual scenario of an absence of the armed conflict that has led to the humanitarian crisis and one of the largest population displacements without a precedent in modern history. By comparing Syria’s growth and development trajectories with the characteristics of a set of sixty-six countries with no armed internal conflict between 1996 and 2021, we can deduce a series of gaps in economic growth, human development, and institutional quality that can be attributed to the civil war. Our analysis shows that the effect of the Syrian civil war on the trajectory of economic growth was temporary and almost disappeared before the start of the COVID-19 pandemic. Conversely, the war led to an unprecedented decline in human development, a high rise in infant mortality, and a prevalent degradation of institutional quality. To the present day, the civil war has led to more than 4500 additional infant deaths with a permanently derailed trajectory of longevity. The unparalleled and permanent deterioration in institutional quality resulting from the war is indicated by a diminished rule of law, civil liberties, government efficiency, and a widespread escalation of corruption. To ensure the internal validity of the findings, the estimated effects were subjected to and passed a variety of placebo checks.

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Institutional implant and economic stagnation: a counterfactual study of Somalia

Cited by 5 publications

References 54 publications

The Key to Sustainable Economic Development: A Triple Bottom Line Approach

The Key to Sustainable Economic Development: A Triple Bottom Line Approach

The Effect of the Great Recession on Italian Life Expectancy

Estimating the effects of Syrian civil war

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