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The economy may suffer devastating impacts during and after a time of war. According to Shank, "negative unintended consequences occur either concurrently with the war or develop as residual effects afterwards thereby impeding the economy over the longer term". [17]
The consequences of the conflict had both positive and negative effects on the economy of Armenia. One of the negative impacts of the war was that due to the influx of Russian migrants, the prices of the apartments in the center of Yerevan increased sharply on average 109,000 AMD per square.
Even before last week’s invasion, the Dow had been in a slump, and the Russia-Ukraine tension has probably played some role. As of Friday’s close, the Dow was down by 2,500 points, or 7 ...
A war economy or wartime economy is the set of preparations undertaken by a modern state to mobilize its economy for war production. Philippe Le Billon describes a war economy as a "system of producing, mobilizing and allocating resources to sustain the violence."
The world economy has endured one shock after another since early 2020 — the eruption of COVID-19, a resurgence of inflation as the rebound from the pandemic showed unexpected strength, the war ...
It has slowed, but the economy is still adding an average of 172,000 jobs this year, which is almost exactly the number the economy added during the first three years of the Trump administration ...
The Cold War led to some less-than-desired psychological effects. The United States and Russia and, to a greater extent, the world, lived in fear of impending nuclear doom. The psyche of US citizens during the Cold War was unstable due to the overwhelming sense of fear, powerlessness, and uncertainty about the future. [ 5 ]
A meta-analysis of 42 primary studies with 243 effect size, which are aggregated results from multiple studies, found that military expenditures tend to have positive effects on economic growth in developed countries but generally negative effects on growth in less developed countries. The study attributes the negative effects to the diversion ...