The Consequences of Conflict
Dr Richard Newfarmer began his presentation by outlining some of the data on conflict from the 2011 World Development report. This report showed that countries that are affected by violence have little to no reduction in their level of poverty and no progress in their growth overall. The staggering figures show that continued violence can cost a country over 30 years of GDP growth. This result is well illustrated by the case of Burundi and Burkina Faso, which at independence had comparable levels of GDP growth. However, over the following decades, Burundi experienced substantially more violent episodes than Burkina Faso. By 2008, both countries had experienced drastically different paths of growth, and Burkina had incomes that were [3x?] times that of Burundi. Overall, violence across 17 countries have led to an estimated cumulative loss of 3 decades of growth.