ISSN No: 2231-5063
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Article Name :
CONFLICT AND ECONOMIC WELFARE: INSIGHTS FROM KASHMIR
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Author Name :
JAVAID IQBAL KHAN AND SHAHLA AYOUB
Publisher :
Ashok Yakkaldevi
Article Series No. :
GRT-1924
Article URL :
Author Profile    View PDF In browser
Abstract :
Violence in the post cold war era has changed both in dimension and form. There has been a significant decline in occurrence of interstate conflicts. However violence and armed conflicts continue to haunt humanity and impede its progress within the nations if not across them. The poverty ridden Africa has witnessed worst kinds of violence and armed conflict. Economists across the globe have already invested appreciable time and intellect in unfolding the impacts of violence on economic development both at the Micro and the Macro level. It is indeed disheartening to know that none of the countries affected by violence have been able to achieve single Millennium Development Goals (MDGs). More recently developments in Afghanistan, Pakistan, Nepal, Sri Lanka and India and their fall out on the growth prospects of this region have attracted worldwide attention. In context of Asia one of the oldest reasons for interstate and intra state tension is the Kashmir Issue. An un resolved territorial dispute between India, Pakistan and China from at least 1947 entered into an armed rebellion phase in 1989. Since 1989 this part of the world has witnessed a huge loss of capital – both physical and human. Investments have been scarcer and import dependence has increased over the decades. The macro-economic effects of the conflict are evident if not measured. However the impact of the Kashmir conflict on the household welfare still remains a mystery. Hence, the present paper. Herein we address and try to understand the impact of violent conflict and political instability on the household savings, borrowings and employment structures. Based on data gathered from a sample survey conducted in the conflict effected households in district Srinagar this paper reveals: 51.6% of the respondents reported a significant decrease in their savings over the reference period 1990-2010. 43.1% of the households reported to have had increased borrowings. Only 31.3% of the households reported to have received the government aid while a staggering 68.8% of the households reported not to have received any kind of aid from the government. 46.25% of the households reported child employment. 71.6% of the households reported loss of manpower as the only reason for sending children to work JEL Classification D60, D74, E20, R20,
Keywords :
  • Kashmir,
Article Name :
CONFLICT AND ECONOMIC WELFARE: INSIGHTS FROM KASHMIR
Author Name :
JAVAID IQBAL KHAN AND SHAHLA AYOUB
Publisher :
Ashok Yakkaldevi
Article Series No. :
GRT-1924
Article URL :
Author Profile    View PDF In browser
Abstract :
Violence in the post cold war era has changed both in dimension and form. There has been a significant decline in occurrence of interstate conflicts. However violence and armed conflicts continue to haunt humanity and impede its progress within the nations if not across them. The poverty ridden Africa has witnessed worst kinds of violence and armed conflict. Economists across the globe have already invested appreciable time and intellect in unfolding the impacts of violence on economic development both at the Micro and the Macro level. It is indeed disheartening to know that none of the countries affected by violence have been able to achieve single Millennium Development Goals (MDGs). More recently developments in Afghanistan, Pakistan, Nepal, Sri Lanka and India and their fall out on the growth prospects of this region have attracted worldwide attention. In context of Asia one of the oldest reasons for interstate and intra state tension is the Kashmir Issue. An un resolved territorial dispute between India, Pakistan and China from at least 1947 entered into an armed rebellion phase in 1989. Since 1989 this part of the world has witnessed a huge loss of capital – both physical and human. Investments have been scarcer and import dependence has increased over the decades. The macro-economic effects of the conflict are evident if not measured. However the impact of the Kashmir conflict on the household welfare still remains a mystery. Hence, the present paper. Herein we address and try to understand the impact of violent conflict and political instability on the household savings, borrowings and employment structures. Based on data gathered from a sample survey conducted in the conflict effected households in district Srinagar this paper reveals: 51.6% of the respondents reported a significant decrease in their savings over the reference period 1990-2010. 43.1% of the households reported to have had increased borrowings. Only 31.3% of the households reported to have received the government aid while a staggering 68.8% of the households reported not to have received any kind of aid from the government. 46.25% of the households reported child employment. 71.6% of the households reported loss of manpower as the only reason for sending children to work JEL Classification D60, D74, E20, R20,
Keywords :
  • Kashmir,
Article Name :
CONFLICT AND ECONOMIC WELFARE: INSIGHTS FROM KASHMIR
Author Name :
JAVAID IQBAL KHAN AND SHAHLA AYOUB
Publisher :
Ashok Yakkaldevi
Article Series No. :
GRT-1924
Article URL :
Author Profile    View PDF In browser
Abstract :
Violence in the post cold war era has changed both in dimension and form. There has been a significant decline in occurrence of interstate conflicts. However violence and armed conflicts continue to haunt humanity and impede its progress within the nations if not across them. The poverty ridden Africa has witnessed worst kinds of violence and armed conflict. Economists across the globe have already invested appreciable time and intellect in unfolding the impacts of violence on economic development both at the Micro and the Macro level. It is indeed disheartening to know that none of the countries affected by violence have been able to achieve single Millennium Development Goals (MDGs). More recently developments in Afghanistan, Pakistan, Nepal, Sri Lanka and India and their fall out on the growth prospects of this region have attracted worldwide attention. In context of Asia one of the oldest reasons for interstate and intra state tension is the Kashmir Issue. An un resolved territorial dispute between India, Pakistan and China from at least 1947 entered into an armed rebellion phase in 1989. Since 1989 this part of the world has witnessed a huge loss of capital – both physical and human. Investments have been scarcer and import dependence has increased over the decades. The macro-economic effects of the conflict are evident if not measured. However the impact of the Kashmir conflict on the household welfare still remains a mystery. Hence, the present paper. Herein we address and try to understand the impact of violent conflict and political instability on the household savings, borrowings and employment structures. Based on data gathered from a sample survey conducted in the conflict effected households in district Srinagar this paper reveals: 51.6% of the respondents reported a significant decrease in their savings over the reference period 1990-2010. 43.1% of the households reported to have had increased borrowings. Only 31.3% of the households reported to have received the government aid while a staggering 68.8% of the households reported not to have received any kind of aid from the government. 46.25% of the households reported child employment. 71.6% of the households reported loss of manpower as the only reason for sending children to work JEL Classification D60, D74, E20, R20,
Keywords :
  • Kashmir,
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