“…To the extent that current economic growth attenuates the rise of conflict (Collier and Hoeffler, 2004), we contribute to the literature that explains how history matters for modern conflict. Strong correlations between economic shocks, economic grievances, and the onset of conflict have been discussed in the literature (Brückner and Ciccone, 2010;Ciccone, 2011;Miguel et al, 2004). The proposed mechanisms for this link focus on the greater relative returns and lower costs of insurrection during periods of reduced income (Blattman and Miguel, 2010;Padró-i Miquel, 2009, 2010).…”