Faithin Omaha eBook Collection

Download or read book The Toll of War written by The World Bank and published by . This book was released on 2017-12-15 with total page 150 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report studies the economic and social impact of the armed conflict in Syria. Bringing together conflict-driven lossof lives, forced displacement, physical damages in capital, and overall economic collapse, it takes stock of theconsequences brought about by one of the most brutal conflicts of our time.The analysis extends our understanding of the Syrian conflict by focusing on the distinct roles played by physicaldestruction, casualties, and disruptions in economic organization in driving the economic and social impact of theconflict. Although visual effects, such as physical destruction, are more often noticed, the "invisible" effects, such asdisruptions in economic networks, increased rent seeking, and the erosion of social trust, play a greater role inexplaining the collapse in economic activity. The persistence of economic effects also differs across various channels.The economic impact of conflict-related casualties is much more persistent than that of other channels.As this report was written, the Syrian conflict was ongoing in its sixth year. The report suggests that the longer theconflict lasts, the slower and more difficult the post-conflict recovery will be.