The impact of war on global economy.

[Negotiation]

Should we assume that war is a means of replenishment to delapidated economic performance all over the world or not, if we consider the past event of the experience in war, the cost of lives and the rate of amounts worth countless rates being lost at the cause together with the innocent souls being affected, we can see that war is not the perfect economical solution, but people are, if we can start the beginning of the change in us right from our individual behaviors in the society.

I think that changes in society are initiated by individual behavior but in the global economy they are completely controlled by governments. Each price level is fixed by the government we do not monitor or monitor here. There is some lack of governance, some lack of efficiency another issue is transparency and accountability. This is wasted corruption is a big deal economic continuity growth and employment especially international trade is at a fairly satisfactory level compared to many other countries.

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[YOSHIE]

What do you guys think? Is this true or false?

My understanding is that the economy is developing and can create prosperity for humans globally. You can be sure that the world and the country are safe without war or corruption and other negative things that can have a bad impact on the economy.

You definitely know the impact that occurs in wars, for example what happened in Israel vs. Palestine, there are developments in issues that are causing the two countries to have a negative impact on shares and investment, where investors are reluctant to invest their shares in these two countries, as well as other impacts of oil, GDP and so on, the economy is deteriorating in both countries.

This is a clear example of the impact of war on the global economy felt by society, not to mention the effects caused by other countries due to war, Ukraine vs. Russia and so on.

[DrBeer]

I will answer you as a citizen of Ukraine who saw all this with my own eyes. The problem is that this is not some kind of “local, small dispute between two countries” where it would really be reasonable to find a compromise solution. Russia came to DESTROY us. Completely destroy. And as Golda Meir said: You cannot negotiate with someone who has come to kill you.
This is reality - a maniac whose goal is to kill you will not negotiate with you, because... His goal is not agreement, but your destruction. This is exactly what the situation looks like in Ukraine. For one thing, I highly recommend listening to Russian state news channels - there is the wildest mixture of Nazism, xenophobia, misanthropy, denial of rights, ... RASHIZM (Russian Nazism) is worse than the brown plague of Nazism! Therefore, Russia itself, with its policies and openly stated goals, left us no choice.

If we compare Israeli-Palestinian conflict with Russo-Ukrainian war, Israel has been so much more brutal and merciless so far. Did Putin cover-bomb the sh*t out of Ukraine? No. Did he deliberately target densely-populated residential areas? Not really. Israel doesn't give a damn about hostages! Some of them have already been killed in airstrikes. Did Russians cut off water, internet, electricity, gas supply to Ukraine? Nope.

Right now Israel is pulling heavy tanks and other armored vehicles to the Palestinian border. They offered 24 hours for the civilians to flee the area. Seriously? Over a million people in 24h?      

Israel has chosen the most effective method of fighting terrorists - their total destruction. And this should have been done with Russia, but unfortunately our forces are not equal.
But all the same - rashism will also be destroyed!

Regarding what Putin and Russian citizens did in Ukraine: Entire large cities and hundreds of small towns and villages were destroyed, hundreds of thousands of civilians, peaceful cities were destroyed by brutal bombing, autumn 2022 - attempts to destroy the energy infrastructure of Ukraine, destruction of the heating system in winter, explosion Hydroelectric power stations, torture, kidnappings of children, constant shelling of peaceful cities with both missiles and UAVs.... This is pure terrorism + Nazism. And this evil is called - RACHISM! And only after the destruction of the center of world terrorism will the world economy be able to return to stability and development.

Then why in the world they're attacking peaceful residents of Gaza? Destroy the terrorists, not hospitals and nurseries.

Then I stopped reading your post, because a bit fat chunk of propaganda follows... "Entire large cities and hundreds of small towns and villages were destroyed" please name at least a single "large city" "destroyed" by Russia. 

The answer is simple. This is one of the terrorists' "technologies" - to hide and cover themselves as civilians, exposing them to attacks, in order to create a flow of information in the media and "show evil". Such behavior is displayed by all terrorists - from MAHASA to terrorist troops of Russia ! And in the latter case even their so to speak president (in fact the head of the terrorist gang, an international criminal), openly said that they would put civilians of Ukraine in front of their terrorist fighters, and "let's see what they will do". This speech of the international criminal Putin V.V. is easy to find on YouTube
Also terrorists place their strike teams among residential buildings, and even in apartments of apartment buildings, for terrorist strikes - this is how Hamas launched rockets at Israel, the video is also easy to find.
Whether you read my posts or not is up to you, I don't care what you do The most important thing is that everyone knows who the terrorist are, what they are doing, and what they are responsible for. And the most important thing is that peaceful Gazans are dying, being framed by the very hands of Hamas.... So all questions about who and how they use Gaza's civilians, and what they die as a result of - ask Hamas....

By the way, a question for everyone: can anyone tell me why countries and groups that supposedly "care about the people of Gaza" do not accept them? Iran, Lebanon, and other supporters of terrorists do not accept Gazans in their countries, do not provide them with funding, do not provide them with housing.... But they continue to fund Hamas. Isn't that an amazing situation ? 

[alastantiger]

2. Oil is considered the most crucial resource in modern warfare.
3. War affects the stock market by causing a decline in stock prices.

What do you guys think? Is this true or false?

The world is interconnect and war in one region affects other regions. Generally, war threatens global economic stability, potentially resulting in inflation  higher prices and slower growth across different sectors. War affects the oil market and leads to adverse economic repercussions potentially causing increased oil prices globally triggering inflation and economic instability worldwide. War also leads to shortages of energy-related commodities influencing prices and growth not only in the region but also in surrounding areas.

[coupable]

Should we assume that war is a means of replenishment to delapidated economic performance all over the world or not, if we consider the past event of the experience in war, the cost of lives and the rate of amounts worth countless rates being lost at the cause together with the innocent souls being affected, we can see that war is not the perfect economical solution, but people are, if we can start the beginning of the change in us right from our individual behaviors in the society.

I think that changes in society are initiated by individual behavior but in the global economy they are completely controlled by governments. Each price level is fixed by the government we do not monitor or monitor here. There is some lack of governance, some lack of efficiency another issue is transparency and accountability. This is wasted corruption is a big deal economic continuity growth and employment especially international trade is at a fairly satisfactory level compared to many other countries.

This is relatively true with a few modifications. It is true that governments are the ones who determine the prices of everything and tax rates, and therefore they effectively control the internal economy. However, we must take into account the changes in the global economy that are strongly evident in a globalized world.
Let us take, for example, the 2008 financial crisis caused by the monetary policies of some American banks. This crisis led to the collapse of companies in many sectors in other countries geographically distant from the United States, in addition to affecting the entire banking sector around the world. This crisis, of course, contributed to higher inflation in some countries and increased deflation in several other markets.
This is quite similar to the effects of wars on war-related economies.

[Youngkhngdiddy]

The world is interconnect and war in one region affects other regions. Generally, war threatens global economic stability, potentially resulting in inflation  higher prices and slower growth across different sectors. War affects the oil market and leads to adverse economic repercussions potentially causing increased oil prices globally triggering inflation and economic instability worldwide. War also leads to shortages of energy-related commodities influencing prices and growth not only in the region but also in surrounding areas.

  War would do far more economic harm than good. Even if we limit the war to conventional arms, and considering who the combatant would be, at minimum we could expect significant destruction across Europe, a serious interruption of trade between the U.S. and China, and shocks to the global oil supply. On the labor front, the prevalence of computer-assisted assembly has ensured there would not be the kind of upswell of manufacturing jobs (ie, weapons suppliers) that would be sufficient to employ the masses of people whose services/financial-dependent jobs crumbled in the economic turndown.
   However, war also lead to a significant destruction of infrastructure, building and lives in area that is affected, which requires rebuilding efforts that will take a lot of resources and time. War can also bring the stock market down, nothing good comes out from war we see a typical example with the Israeli and Hamas, both children and adult are not safe from the war.
   

[RockBell]

As we all know, war is never a good approach to conflict resolution, we see this menace continually occurring, where countries raise against countries because of either dominance or personal reasons, when there is war, so many business activities are being crippled and some commodities are temporary scarce, and this portrays a high-level demand in such commodity, the nations in one are been sanctioned as the case may be, the most nation that does business with them are being kept in jeopardy, the impact of war to the global economy is very enormous. 

It won't take any country at that point to form an alliance to at least exchange resources rather than waging war to seize the resources by force. For a very long time, wars have been fought over dominance, resources, and many other things, if not for selfishness. And take a look at what's going on between Pakistan and Israel. See how their government's activities are impacting their populace and how deaths are occurring as a result of their acts. And you're right about the effects—many businesses will close, resources will become scarce, and people may even find it difficult to eat. The fact that missiles were falling in one country is alarming and demonstrates how irrational both nations are. The annoying thing is that it will cost the both countries when trying to reinstall normalcy talk about the road the electricity and other services in the country

[serveria.com]

The answer is simple. This is one of the terrorists' "technologies" - to hide and cover themselves as civilians, exposing them to attacks, in order to create a flow of information in the media and "show evil". Such behavior is displayed by all terrorists - from MAHASA to terrorist troops of Russia ! And in the latter case even their so to speak president (in fact the head of the terrorist gang, an international criminal), openly said that they would put civilians of Ukraine in front of their terrorist fighters, and "let's see what they will do". This speech of the international criminal Putin V.V. is easy to find on YouTube
Also terrorists place their strike teams among residential buildings, and even in apartments of apartment buildings, for terrorist strikes - this is how Hamas launched rockets at Israel, the video is also easy to find.
Whether you read my posts or not is up to you, I don't care what you do The most important thing is that everyone knows who the terrorist are, what they are doing, and what they are responsible for. And the most important thing is that peaceful Gazans are dying, being framed by the very hands of Hamas.... So all questions about who and how they use Gaza's civilians, and what they die as a result of - ask Hamas....

I love how the Palestine topic makes these Ukrainian trolls feel like ants on a hot pan! So many lies and desperate attempts to justify Israel's war crimes (confirmed by the UN btw) in order to cover Uncle Sam's ass...  

Don't tell me all these THOUSANDS of children killed by Israel were Hamas fighters. The hospital was full of Hamas fighters? This is just laughable excuse. Israel killed more civilians and children in particular than Putin in 1.5 years of war.

The UN Children’s Fund, or UNICEF, on Tuesday raised the alarm over the rising number of child deaths in the Gaza Strip since Oct. 7, when Israel-Palestine tensions flared into an armed conflict.

"Our gravest fears about the reported numbers of children killed going from dozens into hundreds into thousands have been realized in just a fortnight," UNICEF spokesperson James Elder told a UN press briefing in Geneva, lamenting that the death toll among minors had exceeded 3,450.

"Staggeringly, this number rises significantly every single day," Elder warned, saying that Gaza "has become a graveyard of children. It is a living hell for everyone else."

Elder reiterated UNICEF's call for an immediate cease-fire and humanitarian access to supplies for the enclave, saying children in Gaza are dying not only due to airstrikes but also because of lack of needed medical care.

"And yet the threats to children go beyond bombs," he said, underling that water and trauma were among other threats faced in besieged Palestinian enclave.

He warned that more than 1 million children of Gaza faced a critical water crisis as Gaza's daily water output was at 5% of its production capacity.

"So, child deaths to dehydration, particularly infant deaths to dehydration, are a growing threat," he said.

On trauma, the spokesperson said: "When finally the fighting stops the cost to children and their communities are going to be borne out for generations to come."

Elder stressed that before the current conflict began, more than 800,000 children in Gaza — three quarters of its entire child population — were identified as in need of mental health and psychological support.

Since last weekend the Israeli army has widened its air and ground attacks on the Gaza Strip – including houses and hospitals – which has been under relentless airstrikes since the surprise offensive by the Palestinian group Hamas on Oct. 7.

More than 10,000 people have been killed in the Gaza conflict, including 8,306 Palestinians and more than 1,538 Israelis, and also including 3,457 children in Gaza, according to official figures.

An Israeli blockade of the strip has also cut Gaza off from fuel, electricity, and water supplies, and reduced aid deliveries to a small trickle unable to satisfy the needs of the over 2 million Palestinians there.

https://www.aa.com.tr/en/middle-east/gaza-turning-into-graveyard-of-children-says-unicef/3038756#

By the way, a question for everyone: can anyone tell me why countries and groups that supposedly "care about the people of Gaza" do not accept them? Iran, Lebanon, and other supporters of terrorists do not accept Gazans in their countries, do not provide them with funding, do not provide them with housing.... But they continue to fund Hamas. Isn't that an amazing situation ?  

Listen, I knew that you were retarded but this is too much. Take a look at the map, bozo! You see where Gaza strip is located? How in the world these poor guys will get out of there?  

Another question is why they should leave their Motherland, the place where they were born and raised? Leave their old parents and young children behind? I think it's awful for you as a Ukrainian to say such things as you're in a similar situation. Imagine I'd tell you: leave Ukraine now!  

[viananda2525]

As we all know, war is never a good approach to conflict resolution, we see this menace continually occurring, where countries raise against countries because of either dominance or personal reasons, when there is war, so many business activities are being crippled and some commodities are temporary scarce, and this portrays a high-level demand in such commodity, the nations in one are been sanctioned as the case may be, the most nation that does business with them are being kept in jeopardy, the impact of war to the global economy is very enormous. 

It won't take any country at that point to form an alliance to at least exchange resources rather than waging war to seize the resources by force. For a very long time, wars have been fought over dominance, resources, and many other things, if not for selfishness. And take a look at what's going on between Pakistan and Israel. See how their government's activities are impacting their populace and how deaths are occurring as a result of their acts. And you're right about the effects—many businesses will close, resources will become scarce, and people may even find it difficult to eat. The fact that missiles were falling in one country is alarming and demonstrates how irrational both nations are. The annoying thing is that it will cost the both countries when trying to reinstall normalcy talk about the road the electricity and other services in the country

In this modern era, there should be no need for war, there are quite a lot of negative effects that have a big impact on the world economy. However, the selfishness of a country in fighting for something that may be to control or want to show its identity as a strong country in the world has tarnished the brotherhood that has existed quite well so far.

If war continues without any peace efforts, the effects will be very bad. I think that if the war does not stop, the country could experience a recession due to minus GDP. Apart from that, it also causes economic depression ranging from unemployment, crime, to food crises. I really strongly condemn the war actions that continue to occur.

[DrBeer]

....

It is even funnier to watch the mental victims of Kremlin propaganda wishful thinking. How was the official meeting between representatives of Hamas (terrorist group) and representatives of the Kremlin (led by an international criminal), international aggressor and terrorist ?  

By the way - and tell me - why were there no groans and hysterics from caring people like you when Russia was destroying hospitals, schools in Syria ? Or is it a different story and nothing is written in the propagandists' manual ?  
"In total, according to Amnesty International, Russian and Syrian forces struck 53 medical facilities and 95 schools between April 30, 2019, and February 29, 2020 - mostly from the air, although isolated attacks by the Syrian army occurred on the ground. Many of the sites attacked, human rights activists note, were part of a UN database: the location of hospitals, schools and other buildings used for humanitarian purposes are made known to all sides in the conflict, specifically to avoid attacks on them."

The electoral truth has been known in Russia for a long time. More precisely about double and even triple standards.... so I'm not surprised, as usual. As well as with his mental "abilities".  

"Take a look at the map, bozo! You see where Gaza strip is located? How in the world these poor guys will get out of there?" Take a good look at the map, and tell me - Gaza Strip is bordered on the west by which country ? I guess in your empty head it's also "Israel".... Israel all around!? )))

Why Egypt, close in spirit, faith, and past (field of hard kicks from Israel) desire to fight against Israel, does not save them ? It is clear - Gaza Strip is a project to siphon money from all over the world, to enrich the heads of Hamas and the like. By the way, many heads of this movement are millionaires, and their preachers will never wear a shahid belt - they choose a comfortable life in this world, not with "concubines in the other world"... for some reason  
Just like Putin and his "friends" say that you should "tighten your belts", "be patient", to their obedient population, they themselves live perfectly well without knowing any problems, and they send you to die in Ukraine. So even in this world of terrorism Hamas and Russia are twin brothers

PS And try not to realize your painful complexes in the topic about economy, but to write in essence

Here for example about "successes" of Russian economy and "problems" in the world :
 - The cost of gas with "tomorrow" settlement in the UK by 12:40 MSC fell by 10.48% to 111 pence per therm, and with "immediate delivery" by 12:38 MSC - by 8.8% to 114 pence per therm.
According to LSEG, supply remained high, with bids to pump gas from Norway up 11 million cubic meters per day to 321 million cubic meters compared to Monday. So, Europe will not freeze again without Russian gas ? By the way - why Gazprom has classified data on gas supply volumes since 2023 ?
- The Russian government is preparing a radical budget sequestration for a key project to develop domestic science to pay for the costs of the army and weapons production. No to science and health, yes to deaths
In 2024, spending on the federal project "development of infrastructure for scientific research" will be cut in half, according to an explanatory note to the budget law posted on the Duma database.
- The sale of russia continues. The land is being given to the new owner of russia: russia offered 32 million hectares of siberia for grain for china ....

[jeha2015]

As we all know, war is never a good approach to conflict resolution, we see this menace continually occurring, where countries raise against countries because of either dominance or personal reasons, when there is war, so many business activities are being crippled and some commodities are temporary scarce, and this portrays a high-level demand in such commodity, the nations in one are been sanctioned as the case may be, the most nation that does business with them are being kept in jeopardy, the impact of war to the global economy is very enormous. 

War will of course have a huge impact on all fronts, including casualties on both sides, the economy and security. There is nothing positive about resolving a conflict with war, only benefits for the country that produces weapons.

What is clear is that if the war continues it will impact all countries with a scarcity of oil and gas. Sanctions against countries that have large resources will increasingly have a negative impact on the global economy. This causes world exports and imports to fall. Including export and import activities in my country are also affected. For example, the war between Russia and Ukraine, fertilizer in my country coming from Russia has also been hampered and the food yields of my country's farmers have also fallen.

[Dunamisx]

Considering the world global economy, war will cause alot of misplaced priorities and businesses will be seriously affected in regions where war is prevalent, their will be instability of the people and the economy as well in such location will be seriously affected, war will cost loss of life and properties and the ones that will be majorly affected are the young ones and the innocent souls at the cause.

[DrBeer]

Considering the world global economy, war will cause alot of misplaced priorities and businesses will be seriously affected in regions where war is prevalent, their will be instability of the people and the economy as well in such location will be seriously affected, war will cost loss of life and properties and the ones that will be majorly affected are the young ones and the innocent souls at the cause.

The modern world has received a very painful inoculation. This inoculation will rid the world economy (the process has just begun) of "unreliable partners", such as terrorist countries (classical and economic), will make it choose suppliers and build supply chains more carefully, as well as - diversification of supplies and moving away from monopolies of supply of certain critical resources/technologies.
For example, today the EU has completely secured its economy from gas from a terrorist country. Yes, I know that a couple of countries are still buying, but this is more a matter of psychiatry.....
Also the attention of the civilized world is now attracted by the tame and corrupt media, which have become the mouthpiece of propaganda and destabilization in some countries.
Today's unrest is likely to lead to a revision and tightening of migration policy in many European countries.
In short, the current situation is a very painful treatment of chronic diseases of the world economy.

[JunaidAzizi]

1. An increase in the national GDP is least likely to be caused by a war.
2. Oil is considered the most crucial resource in modern warfare.
3. War affects the stock market by causing a decline in stock prices.

What do you guys think? Is this true or false?

Whenever war occurs consequences spread not only in that country but also across from the borders. When a state goes to war or is attacked by any other country the import and export of that country fully stops. The other country block trades with them and then if the enemy army surrounds the country they export their things. In warfare the role of oil is clear every country want to grab oil well the American are present in the KSA for the oil but the statement they follow is that they are here for the security of the KSA. And after the war when the country ends the war, the results will be very bad and they are trying to fix things just like originalgina,l and in this, the stock market may crash or go up and down.

[Bushdark]

Considering the world global economy, war will cause alot of misplaced priorities and businesses will be seriously affected in regions where war is prevalent, their will be instability of the people and the economy as well in such location will be seriously affected, war will cost loss of life and properties and the ones that will be majorly affected are the young ones and the innocent souls at the cause.

If we take a look at what is happening in Ukraine now, we are going to see that billions of dollars had been lost since the beginning of the war and if care is not taken to end the war, things might escalate more making more properties to be lost and life expectancy might reduce because of the Chemicals and destructions that had been caused as a result of the war. Many people had lost there businesses and properties making them to start afresh again in another region. War can be very devastating and can cause serious havoc if it is not resolved as quick as possible.

[Dunamisx]

Considering the world global economy, war will cause alot of misplaced priorities and businesses will be seriously affected in regions where war is prevalent, their will be instability of the people and the economy as well in such location will be seriously affected, war will cost loss of life and properties and the ones that will be majorly affected are the young ones and the innocent souls at the cause.

If we take a look at what is happening in Ukraine now, we are going to see that billions of dollars had been lost since the beginning of the war and if care is not taken to end the war, things might escalate more making more properties to be lost and life expectancy might reduce because of the Chemicals and destructions that had been caused as a result of the war. Many people had lost there businesses and properties making them to start afresh again in another region. War can be very devastating and can cause serious havoc if it is not resolved as quick as possible.

This is not limited to only Russia and Ukraine crisis, we can consider Israel as well, Hamas is another consideration and many more other examples of the past and present that alot of people had suffered losses, are we to consider the Afghanistan war, Vietnam war and many more others to point at, war is not what we can pray to witness or have an exoer of because everyone will be affected seriously or those so dear and close to us.

[Marvell1]

Considering the world global economy, war will cause alot of misplaced priorities and businesses will be seriously affected in regions where war is prevalent, their will be instability of the people and the economy as well in such location will be seriously affected, war will cost loss of life and properties and the ones that will be majorly affected are the young ones and the innocent souls at the cause.

If we take a look at what is happening in Ukraine now, we are going to see that billions of dollars had been lost since the beginning of the war and if care is not taken to end the war, things might escalate more making more properties to be lost and life expectancy might reduce because of the Chemicals and destructions that had been caused as a result of the war. Many people had lost there businesses and properties making them to start afresh again in another region. War can be very devastating and can cause serious havoc if it is not resolved as quick as possible.

This is not limited to only Russia and Ukraine crisis, we can consider Israel as well, Hamas is another consideration and many more other examples of the past and present that alot of people had suffered losses, are we to consider the Afghanistan war, Vietnam war and many more others to point at, war is not what we can pray to witness or have an exoer of because everyone will be affected seriously or those so dear and close to us.

War seriously affects us, our loved ones, the honest citizens of countries at war. But it is benefiting some authoritarian organizations and empires in the world. They are arms dealers, people who crave power and are willing to sacrifice the lives of others for their own pleasure or consider the deaths of innocent people as a place for them to do business. Those people will never care about the consequences of war on others, they only care about their own pockets and the profits they gain. We, the people, will not be able to do anything to stop the war, the only thing we can do is pray for the bloodlust of politicians to end soon.

[Essential10]

War can cause precious damage to a country's overall economic stability. War can result in the loss of essential human, natural, and economic resources, affecting the economic structure of communities, businesses, and governments. It can waste time, effort, and resources and hinder overall improvement and growth. War causes a lot of infrastructural and human damage, and can cause inflation, trade disruptions, currency devaluations, and increases in government spending. In addition, many refugees and IDPs are relocated to camps, which can have social and economic communal effects.

[Youngkhngdiddy]

This is not limited to only Russia and Ukraine crisis, we can consider Israel as well, Hamas is another consideration and many more other examples of the past and present that alot of people had suffered losses, are we to consider the Afghanistan war, Vietnam war and many more others to point at, war is not what we can pray to witness or have an exoer of because everyone will be affected seriously or those so dear and close to us.

 War dims the economy growth of a country if the war is an intensified war and countries are drawn into it will leave countries in recession, there will be shortages of food, fuel and medical supplies, for people to use.  Hospitals will be full and we be operating without electricity on most cases. War has never been a fun thing to experience. War could be prevented with just one dialogue, but in most cases people are power driven they are ready to go any extent to keep power. They’re are those who benefit from most of this war, so they secretly fund terrorist group just to get the attention of the government to be able to siphon money from the government. War is expensive to run, and it’s a best time to embezzle money without having traces, some people in power sees it as an opportunity. We don’t know what’s really happening behind closed doors innocent children with bright futures ahead of them will have to face  the consequences of the bad choices of some group of wealthy individuals.
  We don’t pray to witness war, from what we seeing with the Israel and Hamas war the destruction of properties are very scary sight, structures that took month or even years to erupt are being destroyed in split seconds, we don’t pray to experience any of this, people who had witnessed this before will pray never to experience this again.  War shouldn’t be the last resort to disagreements, I feel like theirs is nothing that can’t be resolved with dialogue, dialogue can help fix a lot of damages that had been caused, and even people are not driven by greed the world would have been a better place.

[Noson]

War is harmful. A number of studies have pointed to significant negative effects of war.
War is a major hindrance to globalization, as it reduces the global economic output.
It leads to a decline in global investment and trading.
It cripples the economy and destroys industrial infrastructure.
War in most cases usually drives a country into debt and the creditor nation takes advantage of this. It also leads to inflation, thereby making commodity prices to be higher than normal hence reducing the purchasing power.