Search results
Results from the WOW.Com Content Network
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 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 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 ...
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.
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.
[2] [11] The resultant debt, paired with the dominance of agriculture in the Afghan economy and the inequity and economic instability imparted by war, has incentivized farmers to shift from livestock to poppy farming. [2] [11] Poppies are hardier, requiring approximately 80% less water than licit crops, and have an assured value on the global ...
After Russia embarked on several economic reformations in the 1990s, it underwent a financial crisis. The Russian recession was more oppressive than the one experienced by United States and Germany during the Great Depression. Although Russian living standards worsened overall after the Cold War, the economy held an overwhelming growth after 1998.