EconTutorials team
A blog of an Academician.
Development EconomicsThe Korean War and the Great Divergence Between North and SouthThe 1950–53 war killed an estimated 700,000 South Korean and 900,000 North Korean civilians, plus about 140,000 North Korean, 183,000 Chinese, 47,000 South Korean and 36,574…Development EconomicsGermany and Japan After 1945: The Marshall Plan and the ‘Economic Miracles’German GDP per person fell from $9,698 in 1944 to $3,534 in 1946, a drop of about 64%; Japan's fell from $4,986 in 1941 to $2,711…Development EconomicsRwanda: Economic Recovery After the 1994 GenocideThe UN says more than one million people were killed in the 1994 genocide against the Tutsi, which began on 6 April 1994 and ended when…Development EconomicsBosnia and the Yugoslav Wars, 1992–95: Reconstruction and the Limits of AidThe World Bank says GDP per person fell by 75% during the 1992–95 war, from about US$1,900 to about US$500, and that output dropped to roughly…Development EconomicsKuwait and the 1990–91 Gulf War: Occupation, Oil Fires and RecoveryKuwait's real GDP fell by 26.2% in 1990 and by a further 41.0% in 1991, then grew by 82.8% in 1992 and 34.0% in 1993.Development EconomicsAfghanistan, 2001–2021, and the Economy After the Aid StoppedBetween 2018 and 2020, aid to Afghanistan averaged about $8.4bn a year, or about 45% of GDP.Development EconomicsIraq Since 2003: Oil, Reconstruction and the Rise and Fall of ISISIraq's real GDP fell by 36.7% in 2003, the year of the US-led invasion, and rose by 53.4% in 2004.Development EconomicsSyria, 2011–2024, and the Economy After AssadSyria's GDP was $67.5bn in 2011, measured in current US dollars. The World Bank estimates it at about $21.4bn in 2024.Development EconomicsLebanon, 2023–2026: War on Top of Economic CollapseLebanon's GDP fell from about $51.6bn in 2019 to about $20.1bn in 2023, measured in current US dollars.Development EconomicsYemen and the Red Sea Shipping Crisis: The Suez Canal, Freight Costs and EgyptYemen's real GDP per person has fallen by 58% since 2015, according to the World Bank.
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