Search results
Results from the WOW.Com Content Network
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.
The war has also distorted the composition of Russia’s economy, favoring defense firms at the expense of small- and medium-size firms that serve the civilian sector, which won’t be able to ...
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.
Russia is now in a race against time to conclude the war before its economy starts to go into steep decline. The ruble went into free fall at the end of November after the U.S. sanctioned 50 ...
Israel’s war in Gaza has taken a toll on the country’s economy. In the fourth quarter of 2023, Israel’s economy contracted almost 20% compared to the previous quarter, according to the ...
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 Norwegian economy has recovered from the coronavirus pandemic but now faces a negative impact from Russia's invasion of Ukraine, Statistics Norway (SSB) said as it released fresh forecasts on ...