The impact of wars on the global economy...


 The world always turns to armed force to end disputes.  The most difficult decision of war is to destroy part of this planet.  But the rest of this planet is greatly affected.  And every human being likes to live in peace.  And that he and his family are safe.  But the winds come with what the ships do not desire.  The ship takes its way at sea in peace and quiet.  But suddenly, very strong winds arise, causing thousands of tons of the ship's cargo to sway right and left.  And if the wind continues to be strong.  The ship may capsize and sink.  The winds are the war that overturns life, which is the ship.  The most important thing in life or ship is the economy.

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Wars have profound, terrible, and multifaceted effects on the entire global economy, not just the parties fighting each other.

  It can disrupt international trade, increase commodity prices, and lead to significant human and financial costs.  There are different ways in which armed conflicts affect economic stability and growth around the world.

Economic turmoil

  • Trade and supply chains....: War can severely disrupt global trade networks, leading to shortages and increased costs of raw materials and goods.  This disruption can cause inflation and reduce product availability.  The rise in raw material prices increases the price of the final product.  The high price of the final product greatly affects the demand for it from consumers.

  •Rising energy prices: Conflicts in regions rich in energy resources can lead to higher oil and gas prices, affecting energy markets and economic conditions globally.  Which also increases the price of the final product.  To increase energy costs represented by the high production of electricity needed for production lines in factories.  Electricity production around the world is done using oil and gas.  The rise in electricity consumption costs in homes leads to a decrease in spending on the rest of the family’s needs.

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Investment and Markets: Uncertainty caused by war often leads to volatility in financial markets and can hamper investment in affected regions, which in turn can have ripple effects on global economic confidence.  Therefore, the investment decision is delayed until the security situation calms down.  Ending the war would be the right decision.

  Human and financial costs

  • Migration, labor markets, and the real estate market: Wars lead to the migration of people, which may lead to straining social services in host countries and disrupting labor markets locally and in neighboring regions.  The prices of houses and houses have increased as a result of the high demand for them from people who migrate to safe countries far from the troubles of war.

  - Increase in military spending..........: Shifting national budgets towards military spending is the same in countries that are at war.  Or in countries that are adjacent to areas of military conflict.  As a result of the fear of the extension of the armed conflict within its territories.  Consequently, countries delay the decision to build roads, schools, and hospitals in order to turn to military spending to purchase the latest aircraft and tanks to defend their people.

 , with its long-term negative effects on economic growth.

  Reconstruction and aid.....: The post-conflict reconstruction process requires large financial resources, and the international community often bears part of this cost, which can affect the distribution of global economic aid and its priorities.

 

  The effects of war on the global economy are wide-ranging and can continue long after the conflict ends.  Economic shocks can hinder development, exacerbate poverty, and limit international cooperation.  It is in the interest of the global community to prevent conflicts and promote peace to ensure economic stability and progress for all countries.  Peace is not a romantic demand or an unrealistic human demand.  Rather, peace and the end of wars are a necessity required by the circumstances of this planet in which we live.

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