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dc.creator Elbadawi, Ibrahim Ahmed
dc.date 2012-03-30T07:12:36Z
dc.date 2012-03-30T07:12:36Z
dc.date 2008-01-30
dc.date.accessioned 2023-02-18T19:41:01Z
dc.date.available 2023-02-18T19:41:01Z
dc.identifier World Bank Economic Review
dc.identifier 1564-698X
dc.identifier http://hdl.handle.net/10986/4469
dc.identifier.uri http://localhost:8080/xmlui/handle/CUHPOERS/249954
dc.description In the two to five years immediately following end of conflicts, UN peacekeeping operations have succeeded in maintaining peace, while income and consumption growth rates have been higher than normal and recovery on key education and health indicators has been possible. Aid also has been super-effective in promoting recovery, not only by financing physical infrastructure but also by helping in the monetary reconstruction of postconflict economies. However, sustaining these short-term gains was met with two difficult challenges. First, long-term sustainability of peace and growth hinges primarily on the ability of postconflict societies to develop institutions for the delivery of public goods, which, in turn, depends on the capacity of post-conflict elites to overcome an entrenched culture of political fragmentation and form stable national coalitions, beyond their immediate ethnic or regional power bases. Second, after catch-up growth runs its course, high levels of aid could lead to overvalued real currencies, at a time when growth requires a competitive exchange rate and economic diversification. Successful peace-building would, therefore, require that these political and economic imperatives of postconflict transitions be accounted for in the design of UN peacekeeping operations as well as the aid regime.
dc.publisher World Bank
dc.rights CC BY-NC-ND 3.0 IGO
dc.rights http://creativecommons.org/licenses/by-nc-nd/3.0/igo
dc.rights World Bank
dc.subject civil war
dc.subject conflict
dc.subject conflicts
dc.subject International Bank
dc.subject peace
dc.subject PEACEBUILDING
dc.subject property rights
dc.subject reconstruction
dc.subject violence
dc.subject warfare
dc.title Postconflict Transitions
dc.type Journal Article
dc.type Journal Article


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