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320192

THE IMPACT OF PEACE ON THE ECONOMIC PERFORMANCE - AN EMPIRICAL STUDY

Article

Last updated: 28 Dec 2024

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Abstract

This study examines the impact of global peace on economic performance in two groups of countries, the first of which are countries that enjoy a high degree of peace, and the other are countries that suffer from a deterioration in global peace.
The study aims to determine the impact of peace on the economic growth rate, foreign direct investment inflows and the inflation rate between 2008-2021 in the two groups of countries, by presenting the intellectual and theoretical contributions that dealt with war, violence and conflicts on economic performance on the one hand, and the contributions that dealt with the impact of peace on economic performance, on the other hand, by using the multivariate analysis (MANOVA model), which measures the impact of an independent variable on a group of dependent variables.
The study concluded that peace affects the economic performance of the countries, as the results showed the significant impact of the global peace index on both inflation and foreign direct investment inflows, with insignificant effect on nominal economic growth rates, with an emphasis on the importance of the global peace index as an important variable that must be included in the economic development theories and studies in the future.

DOI

10.21608/psej.2023.201062.1058

Keywords

Global peace index, Economic performance, Middle East, Developing countries

Authors

First Name

محمود مجدي بربري

Last Name

محمد

MiddleName

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Affiliation

قسم الاقتصاد والتجارة الخارجية كلية التجارة وإدارة الأعمال جامعة حلوان

Email

mah_bar2010@yahoo.com

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Volume

3

Article Issue

2

Related Issue

43801

Issue Date

2023-10-01

Receive Date

2023-03-19

Publish Date

2023-10-01

Page Start

1

Page End

34

Print ISSN

2805-3028

Online ISSN

2805-3036

Link

https://psej.journals.ekb.eg/article_320192.html

Detail API

https://psej.journals.ekb.eg/service?article_code=320192

Order

320,192

Type

المقالة الأصلية

Type Code

2,110

Publication Type

Journal

Publication Title

مجلة الدراسات السياسية والاقتصادية

Publication Link

https://psej.journals.ekb.eg/

MainTitle

THE IMPACT OF PEACE ON THE ECONOMIC PERFORMANCE - AN EMPIRICAL STUDY

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Article

Created At

28 Dec 2024