Economic Development in Peacekeeping Host Countries

To what extent does United Nations peacekeeping assist in laying the foundations for economic development? We conduct the first exploratory analysis of the effect of peace operations on the economic development of the host countries. We highlight the need for new inferential methods to reveal the extent to which robust conclusions about the success of missions can be drawn. We then apply synthetic control methods to 11 peace operations deployed since the end of the Cold War. Our results suggest that, in seven cases, peacekeeping does not seem to significantly affect economic rehabilitation. In two of the remaining four cases, the impact is negative rather than positive, pointing to persistent hurdles to identification. (JEL codes: D74 and P16).