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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] In 2012 the economic impact of war and violence was estimated to be eleven percent of gross world product (GWP) or 9.46 trillion dollars. [18]
On 21 July 2022, Ukraine devalued its currency by 25% against the U.S. dollar due to the economic impact of the war, to eliminate currency speculation and to improve the international competitiveness of businesses. The previous day it requested a two-year payment freeze on international bonds; in 2020 it had $130 billion of external debt.
The sociological study of peace, war, and social conflict uses sociological theory and methods to analyze group conflicts, especially collective violence and alternative constructive nonviolent forms of conflict transformation. These concepts have been applied to current wars, like the War in Ukraine, and researchers note that ordinary people ...
Peace Studies allows one to examine the causes and prevention of war, as well as the nature of violence, including social oppression, discrimination and marginalization. Through peace studies one can also learn peace-making strategies to overcome persecution and transform society to attain a more just and equitable international community.
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 ...
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.
As of 2013, the UK's contribution to the war in Afghanistan came to £37 billion ($56.46 billion). [13] For years, US officials had considered the cost of the war while discussing when to draw down troops. [14] In 2011, for example, the average cost of deploying a US soldier in Afghanistan exceeded US$1 million a year. [15]
Social conflict is the struggle for agency or power in society.Social conflict occurs when two or more people oppose each other in social interaction, and each exerts social power with reciprocity in an effort to achieve incompatible goals but prevent the other from attaining their own.