This review highlights the link between conflict and investment in health and education, suggesting complex interactions.
This paper provides an overview of the literature on the bidirectional relationship between conflict and private and public investment. We consider different dimensions of investment choices, including health, fertility, migration, education, and economic activity of firms and the government. The review puts a particular focus on the existing evidence for causality running from conflict to investment in these different dimensions, and from investment to conflict.
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Maio et al. (2025) studied this question.
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