Integration in International Capital Markets and External Support in Civil Wars

• In Event: Globalization and Conflict

Abstract

The civil conflict literature stresses the effects of international intervention on conflict duration and conflict outcomes. Recent studies show that economic interventions -- funding, as opposed to strictly military interventions -- have important consequences. This paper studies the determinants of foreign economic support for states and rebel groups during civil conflict. I theorize that different forms of the country's integration in international capital markets affect the likelihood that the government and rebels receive external support. More specifically, I show that the volume and composition of a country’s reserves, the level of foreign investment, and the level of remittances a country receives affect whether the government or rebels will receive economic support.

Author

• Ana Carolina Garriga, University of Essex