Keywords
Conflicts, Peace, Economic Growth, Truth and Reconciliation Commissions, Africa
Content Language
EN
Abstract
This paper uses conceptual economics to explain how conflicts and peacebuilding are linked to economic growth/development in Africa. Both conflicts and peace have contagion effects in many countries worldwide, and in some cases, conflicts have morphed into regional and international problems. Conceptually, the monotonicity of conflicts and peace functions are invariant with respect to autocratic and democratic forms of governance in Africa. One of the main assertions of this study is that whether or not we have stable autocratic and/or democratic forms of governance, protracted conflicts have negative impact on sustainable economic growth in Africa. In addition, we found that peacebuilding through the establishment of Truth and Reconciliation Commissions (TRCs) did not actually enhance national unity in African countries because the estimated results showed no statistically significant difference in the level of peacefulness between those African countries who invested in TRCs and those who did not use TRCs as the means with which to foster national unity. Given the proliferation of armed conflicts that engulfed the African continent until recently, we found out that armed conflicts followed positive and negative parabolic trajectories. Importantly, we found that the armed conflicts had statistically significant negative impact on Africa’s economic growth and development.
Recommended Citation
OWOYE, OLUWOLE
(2023)
"The Economic Analysis of Conflicts and Peace in Autocratic and Democratic Regimes in Africa,"
Journal of African Conflicts and Peace Studies:
Vol. 5:
Iss.
1, .
Available at:
https://digitalcommons.usf.edu/jacaps/vol5/iss1/6
