Dany Bahar, Rebecca J. Brough, and Giovanni Peri

The inflow of refugees and their subsequent integration can be an important challenge for both the refugees themselves and the host society. Policy interventions can improve the lives and economic success of refugees and of their communities. In this paper, we review the socioeconomic integration policy interventions focused on refugees and the evidence surrounding them. We also highlight some interesting topics for future research and stress the need to rigorously evaluate their effectiveness and implications for the successful integration of refugees.

WORKING PAPER 687 · MARCH 2024

Washington DC: Center for Global Development, 2024. 55p.

By Ethan B. Kapstein† Adityamohan Tantravah

Among its many deleterious effects on social well-being, violent conflict can undermine the economies
of the countries in which it is ongoing. From a macroeconomic perspective, internal conflict can lead
to reduced investment, output, and growth. We show that it can also increase the borrowing costs on
government-issued debt. Specifically, we examine the effects of drug-related homicides on the spread
between the monetary policy rate and short-term Mexican treasury bills, called ”CETES,” during the
period 2010-2017. We show that homicides have a statistically significant effect on the spread, and in
drawing a connection between violence and interest rates, we make a novel contribution to the literature
on the macroeconomic effects of conflict.

Princeton, NJ: ESOC Working Paper No. 26). Empirical Studies of Conflict Project, 2021. 22p.