Search results
Results From The WOW.Com Content Network
The World Bank's report released Sunday provides further details and numbers. In that report the World Bank revised its projection for Armenia's economic growth in 2022 from 5.3% to 1.2%, noting that "the impact of Russia's invasion of Ukraine on Armenia's economy is likely to be notably negative, but the scale remains undetermined."
According to the World Bank, in the event that conflicts subside in the country, and there is a transition to democracy, the following will result in an increase in economic growth by encouraging investment in the country and its people: schooling, economic restructuring, public-good provision, and reducing social unrest. [19]
The Wars in the Caucasus dramatically depressed the local economy of Caucasus states and regions, slowing economic growth and increasing both poverty and corruption. As a result of the economic downturn during the wars, several million left the region in addition to those displaced by fighting, with most leaving to Russia.
The World Trade Organization chief said on Thursday that any tit-for-tat trade wars would have catastrophic consequences for global growth in a debate where U.S. President Donald Trump's tariff ...
The Gaza war has significant economic implications. The number of Palestinians living in poverty has surged dramatically, with an additional 300,000 people falling into poverty by November 2023. The war caused a severe economic downturn, with employment in the Gaza Strip plummeting by 61% and the West Bank by 24%
Prices could also increase in Canada for even domestically produced products, especially if the tariffs cause economic difficulties for smaller businesses. [1] Canadian companies being unable to sell their products to Americans at the same volume would also cause some of them to cut workers, scale back, or even shut down entirely. [7]
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 ...
War is often used as a last-ditch effort to prevent deteriorating economic conditions or currency crises, particularly by expanding services and employment in the military and by simultaneously depopulating segments of the population to free up resources and restore the economic and social order. A temporary war economy can also be seen as a ...