The higher levels of government spending associated with war tends to generate some positive economic benefits in the short-term, specifically through increases in economic growth occurring during conflict spending booms. However, negative unintended consequences occur either concurrently with the war or develop as residual effects afterwards thereby harming the economy over the longer term.Read More
Source: Economic Consequences of War on the US Economy (2011), Institute for Economics and Peace.
Related Posts
No comments:
Post a Comment