Topic: The impact of war on global economy. - page 17. (Read 2948 times)

The people will experience the impact of war. Countries affected by war will experience economic shocks, which may be even greater if the war is not over. Maybe it is not only the economy that will be affected but other sectors because if the war lasts for a long time, the impact will soon spread.

Leaders do have to think about the impact of this war, but if they are still more concerned with it, it seems their people have to be patient and try to survive. But the real impact of the war will probably be felt for longer even though the war is over, especially as there are still many victims of the war who have not been able to forget the consequences of the war.

For number two, maybe an explanation from Investopedia can answer it. At least, that's what I caught from what was explained on the site. This is also related to number three. But I am sorry if that is wrong.

1- A very tricky question. Let me explain.
For example, for the United States or Germany, no matter how cynical it sounds, the military-industrial complex now forms GDP. This is the money that arms manufacturers receive for government contracts. As a result, this is business development, the salaries of tens of thousands of employees of military-industrial complex companies, and hundreds of thousands of third-party suppliers.
But for the Russian Federation, it is ruin. The fact is that they are essentially burning money. Yeah, yeah. Although they write down the "turnover" of the military-industrial complex in their GDP, but in fact, in weeks or months it all turns into burned-out junk that has not brought any income to the economy. Turnover has been created, income has not. By the way, for 2024, the decrepit economy of the international terrorist country has OFFICIALLY increased the OPEN part of the budget for the military-industrial complex and now every third ruble from the budget will be burned to satisfy the painful complexes of the Kremlin's pathetic semblance of the Fuhrer....

2. Oil has indeed, this time, become one of the factors of economic terror, just like gas. BUT... It turned out that it was not critical. First of all, the degenerating economy of the terrorist country needs at least some money, and it sells oil for pennies, which is then processed by third parties (and they earn the bulk of the oil), but there was no crisis. Given the trend of global migration to renewable energy sources, the role of oil will be steadily decreasing.
I would now recommend to pay more attention to the resource - fresh water. It will become more and more in demand every year. 
And I can predict that very soon, the largest reservoir, Lake Baikal, will come under Chinese control, along with the historical territories of China.

That's why established countries that have a thriving economy try their best not to start wars or if they really have to commit proxy wars in different countries like what USA does which makes for a healthy profit for their weapon development sector and so they can justify their military budget/spending. If we're talking about global economy, the effect should depend on the range of the devastation of the war because there are wars happening in Africa right now albeit bloody, it doesn't really affect the global economy as the devastation isn't that widespread, unlike with Russia and Ukraine, there are active sanctions placed on Russia which could be problematic but they're not as influential in global market so oil and airspace is the most likely commodity that's affected although Europe will be feeling uneasy right now which could be a sign of a shaky European economy.

I will not respond to the first point because I think it is still possible that the opposite of what you said is possible. But the second point is clearly possible because oil has long been a staple used by everyone in all conditions, including war. Whether it's oil for consumption by the public or oil used in vehicles and machines that run modern technology today, the third point could also be true because war can have a bad influence on stock prices and also prices of real estate assets around countries experiencing war.

War has never brought any benefits to ordinary people like us, but for politicians, tycoons, and dictators, it is an effective tool to demonstrate strength and satisfied for their needs. That's why war will never disappear, war has existed for thousands of years and is still maintained today. That shows that there are still many people who want war to happen and that may be the way they achieve their goals. There are even countries that make money from arms trade, so they will find ways to create wars to promote their business activities.

War has produced many negative impacts, apart from the three impacts you described above, war also leaves deep wounds on the people who live around the war. The impact produced by war depends on how big the war is, countries that are energy dependent from countries that are being hit by war also experience negative impacts such as stray missiles and increasing inflation ratios.

The increase in national GDP is hampered, state spending is increasing to finance war needs such as the need for large amounts of oil and the stock market is not functioning as it should, which makes share prices fall further. Overall, the impact of the war has left many negative sides, leaving huge losses in economic terms and leaving deep trauma due to the increase in disability.

I have read comments on this post and confirmed that economically, there were more additional lists to consider when talking about the impact of war on global economy. Regardless of how big or small the war, it is still us who will face and deal with the consequences. Though there are many reasons how a war has started but leaders should think the impact of war on it's economy and people.

I don't know but in my opinion if you can control energy you can control basically everything in this case of war Russia is also among top of producer oil and gas even tho they are bombarded by a ton of sanction the country still can manage their economy because they control the energy.

If top energy producer decide to cut or decrease their output the price will likely going up, you know basic supply and demand after that the other price will also start to rise because in our world today we are depends on the oil from producing the food to distribution the food all of them need an energy and the other will start to follow

There are many crucial resources in modern warfare. Oil is an important resource, but there is also food and water as essential ones. Depending the region the war is affecting and the countries involved on the conflict we can have another crucial resources, like gas for Europe which comes from Russia. Every resources which are a must to keep economies running and living organisms alive are considered crucial.

let us put it this way, war will always have significant impact in the economy especially those countries which are directly involved one way or another.
neighbouring countries as well. and those countries which are heavily relying on the products produced by those countries. and other countries which are not directly involved will also feel its impact as you said because most countries are still relying their oil resources outside of their region.

Everything is being affected by the war. The price of commodities and as in everything has increased and that's due to the demand of oil that's also being used in war and the same goes to the affected areas where oil is being produced.

While there have been a lot of resources and sources of oil, you know that when there are events like this. They just make the prices balloon because they'll reason out it's because plainly of the war.

On for the affected land masses of the war, the decline of prices of the lands there are massively happening.

In addition, war also caused the government to spend way more than its normal budget.  It also makes people suffer.  Transportation and logistic is also greatly affected so the distribution of trade is interrupted.  Continued war can result in famine, economic crash, destruction of properties and living things, and many more.  The only sectors that profit in this war are the weapon manufacturers and medical supplier.

It was common impact on the GDP of the country which involved in the war,because the import and export of the goods in that country was totally stopped due to the war.The demand of the oil was the cause of the US influences in the oil based countries like Iran,Syria.The United States had try to get the control of this oil based country by the war.But this country had try to defend themselves and some other country had helped the Iran and Iran was get away from the influences.After the war,their will be huge influence in the stock of that country.

You’re right and the list keeps going. War is not a good thing and should not be encouraged. It is better to always end up in a truce than to escalate the matter into a war. War have destroyed many nations in the past and any country that have faced war before don’t always pray for it to happen again because of the everlasting and irreplaceable loss it always does to the people living in that vicinity or nation. An example is the war between the Russia and Ukraine which has not come to an end, another one is the internal war in Sudan that already claimed many lives and left properties. It is disheartening seeing all this happening in a supposedly said to be peaceful world.

This is obvious during warfare because the infrastructures are destroyed and companies are short down and affected so when there is no production, that will reduce every other activities around the company which will affect their IPO or stock selling. Wars are very devastating for every economic whether big or small, to avoid war is more profitable than to allow it to happen because it leads to different calamity and it destabilizes an economy and set them 100 years backward .

Well we are over a year from the war now, and so obviously, we have seen the effects already. Last year was bad as it really affected the whole global economy, but this year, it seems that every country has adjusted and settled down a bit and now fighting it's on war in inflation.

So maybe there will be more countries that are going to suffer due to war, but there could be some that has altered their outlook as far as the hardship of war and focus solely on how to improved everything thru their governments.

And it could be one reason though that Bitcoin will end up at 6 digits for then next bull run as there are a lot of people who might hedge their wealth and used Bitcoin as store of value.

The impact exists, to a lesser or greater degree, for certain regions or hemispheres and within those zones, some countries suffer from it more than others.

THE UCR-RUS war is the best recent example, but it does not mean that the impact is the same, this war has had a brutal global impact but it has mainly and greatly affected the economies of Europe, that has been the epicenter, and within In that region, some countries are having a worse time, globalization is a somewhat "climatic" effect, in these parts other things affect us more than the direct economic effect produced by this pitiful war between Ukraine and Russia.

By the way, there are were relevant news these days since the president of Ukraine met with Baiden, that simple meeting has a very great effect for Europe and Asia, but less relevant for the American continent.(e.g.)

You forget the most important thing, the war brings a lot of deaths and unforeseen situations in life, like loss of family members, destruction of homes/buildings, loss of business and jobs etc. These are things which the common man faces and they would not care about the GDP, Oil or stock prices at that point of time.

Yes, the outside world (which is not involved in the war) will look closely at how the oil prices react to war, how the stock market will behave and how the crypto market shows bullish or bearish momentum during those times.

Prices of everything will go up. There will be hunger, and I don't think you will live long as well, the war today is not like in ww2 where the weapons are just rifles and grenades. War today will include planes with warheads that can wipe out an entire city.  The stock market may be the last thing you will be thinking.

If you survive long enough, maybe you will still be seeing BTC going up but the problem is that products and food are hard to find. If you are able to buy the price most likely is up to the moon.

You probably need to consider the location and type of war that is going on to determine if it will effect the global economy. A war in the middle of a desert without oil is probably just going to end up as skirmishes by possibly poorer country, will not have much consequence outside the local region - except for maybe a few more refugees trickling around and maybe things like a lower supply of diamonds, or other commodities if they mined it. On the edge of Europe, from two big countries, we're seeing some massive impact on supply chains and food security taking place right now. It is very unsettling when more developed countries, even those with nuclear weapons, start getting into unnecessary fights because you never know if something might trigger it to spiral out of all control.