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The government recently increased the national budget by approximately USD19bn and projected a 6.6% deficit for the current year, largely due to war-related expenses. In response to these economic pressures, major credit-rating agencies such as Fitch Ratings, Moody’s, and S&P Global are evaluating Israel's A+ rating for a potential downgrade ...
It does this by developing global and national indices, calculating the economic cost of violence, analysing country-level risk and understanding positive peace." [ 29 ] More recently, there is a turn towards local implications of economic reforms in conflict-affected societies in an attempt to understand how economies of peace impact on the ...
The cost of conflict methodology takes into account different costs a conflict generates, including economic, military, environmental, social, and political costs.The approach considers direct costs of conflict, for instance, human deaths, expenses, destruction of land and physical infrastructure; as well as indirect costs that impact a society, for instance, migration, humiliation, the growth ...
a key lesson from the fighting five decades ago is how quickly proxy wars can metastasize, with devastating humanitarian and economic consequences.
Kristalina Georgieva, the managing director of the International Monetary Fund (IMF) warned that the conflict poses a substantial economic risk for the region and internationally, and added that the IMF could help other countries impacted by the conflict, complementary to a $2.2 billion loan package being prepared to assist Ukraine.
No sooner had the global economy started to put the aftermath of the COVID-19 pandemic behind it than a whole new set of challenges opened up for 2025. In 2024, the world's central banks were ...
The indirect effects of militarized conflicts' affect access to food, hygiene, health services, and clean water. Women suffer more harshly from the damage to the health as well as overall well-being, other infrastructure damages, and the wider economic damage as well as from dislocation during and post-conflict. [7]
UNITED NATIONS (Reuters) -United Nations Secretary-General Antonio Guterres said on Wednesday the priority now "must be to ease the tremendous suffering" caused by the war in Gaza between Israel ...