The Economic Impact of the Syrian War and the Spread of ISIS

The Syrian war and the subsequent emergence and spread of the Islamic State (ISIS) have transformed the Levant in ways one could not have imagined prior to 2011. As the numbers of dead and of refugees and internally displaced kept climbing, and as...

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Main Authors: Ianchovichina, Elena, Ivanic, Maros
Format: Brief
Language:English
en_US
Published: World Bank, Washington, DC 2015
Subjects:
Online Access:http://documents.worldbank.org/curated/en/2015/01/23888777/economic-impact-syrian-war-spread-isis
http://hdl.handle.net/10986/22586
id okr-10986-22586
recordtype oai_dc
spelling okr-10986-225862021-04-23T14:04:09Z The Economic Impact of the Syrian War and the Spread of ISIS Ianchovichina, Elena Ivanic, Maros ACCOUNTING CONFLICT DEVELOPMENT ECONOMICS ECONOMIC COSTS EMBARGO FOREIGN INVESTMENTS GENERAL EQUILIBRIUM GLOBAL TRADE INFRASTRUCTURE DESTRUCTION LABOR FORCE LABOR SUPPLY MODELING NUMBER OF REFUGEES POLICY RESEARCH POLICY RESEARCH WORKING PAPER PRODUCTIVITY QUALITY OF SERVICES REAL WAGES REFUGEE REFUGEES SIMULATION TRADE LIBERALIZATION WAGES WAR WAR ZONES The Syrian war and the subsequent emergence and spread of the Islamic State (ISIS) have transformed the Levant in ways one could not have imagined prior to 2011. As the numbers of dead and of refugees and internally displaced kept climbing, and as families were torn apart and neighborhoods were turned into war zones, economies slumped and regional economic ties broke down. The shock of these events, henceforth referred to as the Levant conflict or war, has changed the region in profound ways, yet there are no systematic evaluations of its economic impact. Our objective was to address this gap and quantify both the direct and indirect economic effects of the war on the countries in the greater Levant--Turkey, the Syrian Arab Republic, Iraq, Jordan, Lebanon, and the Arab Republic of Egypt. It is important to note that the analysis in our paper does not factor in several types of costs. The authors do not assess the cost of delivering basic services to refugees in receiving countries; these costs could be substantial for Jordan, Lebanon, and Turkey. The costs of replenishing depleted human and physical capital in Syria will also be sizable. The authors also ignore important dynamic investment-growth links that may amplify the effects discussed here. 2015-09-11T17:02:04Z 2015-09-11T17:02:04Z 2015-01 Brief http://documents.worldbank.org/curated/en/2015/01/23888777/economic-impact-syrian-war-spread-isis http://hdl.handle.net/10986/22586 English en_US MENA knowledge and learning quick notes series;no. 140 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Brief Middle East and North Africa Syrian Arab Republic
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic ACCOUNTING
CONFLICT
DEVELOPMENT ECONOMICS
ECONOMIC COSTS
EMBARGO
FOREIGN INVESTMENTS
GENERAL EQUILIBRIUM
GLOBAL TRADE
INFRASTRUCTURE DESTRUCTION
LABOR FORCE
LABOR SUPPLY
MODELING
NUMBER OF REFUGEES
POLICY RESEARCH
POLICY RESEARCH WORKING PAPER
PRODUCTIVITY
QUALITY OF SERVICES
REAL WAGES
REFUGEE
REFUGEES
SIMULATION
TRADE LIBERALIZATION
WAGES
WAR
WAR ZONES
spellingShingle ACCOUNTING
CONFLICT
DEVELOPMENT ECONOMICS
ECONOMIC COSTS
EMBARGO
FOREIGN INVESTMENTS
GENERAL EQUILIBRIUM
GLOBAL TRADE
INFRASTRUCTURE DESTRUCTION
LABOR FORCE
LABOR SUPPLY
MODELING
NUMBER OF REFUGEES
POLICY RESEARCH
POLICY RESEARCH WORKING PAPER
PRODUCTIVITY
QUALITY OF SERVICES
REAL WAGES
REFUGEE
REFUGEES
SIMULATION
TRADE LIBERALIZATION
WAGES
WAR
WAR ZONES
Ianchovichina, Elena
Ivanic, Maros
The Economic Impact of the Syrian War and the Spread of ISIS
geographic_facet Middle East and North Africa
Syrian Arab Republic
relation MENA knowledge and learning quick notes series;no. 140
description The Syrian war and the subsequent emergence and spread of the Islamic State (ISIS) have transformed the Levant in ways one could not have imagined prior to 2011. As the numbers of dead and of refugees and internally displaced kept climbing, and as families were torn apart and neighborhoods were turned into war zones, economies slumped and regional economic ties broke down. The shock of these events, henceforth referred to as the Levant conflict or war, has changed the region in profound ways, yet there are no systematic evaluations of its economic impact. Our objective was to address this gap and quantify both the direct and indirect economic effects of the war on the countries in the greater Levant--Turkey, the Syrian Arab Republic, Iraq, Jordan, Lebanon, and the Arab Republic of Egypt. It is important to note that the analysis in our paper does not factor in several types of costs. The authors do not assess the cost of delivering basic services to refugees in receiving countries; these costs could be substantial for Jordan, Lebanon, and Turkey. The costs of replenishing depleted human and physical capital in Syria will also be sizable. The authors also ignore important dynamic investment-growth links that may amplify the effects discussed here.
format Brief
author Ianchovichina, Elena
Ivanic, Maros
author_facet Ianchovichina, Elena
Ivanic, Maros
author_sort Ianchovichina, Elena
title The Economic Impact of the Syrian War and the Spread of ISIS
title_short The Economic Impact of the Syrian War and the Spread of ISIS
title_full The Economic Impact of the Syrian War and the Spread of ISIS
title_fullStr The Economic Impact of the Syrian War and the Spread of ISIS
title_full_unstemmed The Economic Impact of the Syrian War and the Spread of ISIS
title_sort economic impact of the syrian war and the spread of isis
publisher World Bank, Washington, DC
publishDate 2015
url http://documents.worldbank.org/curated/en/2015/01/23888777/economic-impact-syrian-war-spread-isis
http://hdl.handle.net/10986/22586
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