Topic: World Economy and War - page 6. (Read 1600 times)

I do have a different feeling about this financial aides offered regularly to third world countries through the UN organization. I think it's high time they get to work and diversify their economies utilizing all natural resources they possess to the fullest because depending on aids makes them lazy and more backward with development. More importantly, the act of aid giving also crrates more burnen on tax payers from those countries giving the aides (although some persons may argue that these aides ain't really given completely for free without attached conditions that indirectly benefits the giver nations)

Corrupt government systems do more damage to a country than war does economically. The system of corrupt government in my country has largely left the economic condition of my country in such a bad condition that the people of my country are unable to improve the economic condition even by maximizing foreign remittances. War has a negative impact on economic conditions in a country and may be based on trade relations. Especially when a war takes place in a country, the trade relations with the neighboring countries are greatly damaged and if goods cannot be exchanged, there is a trade deficit in that country and this trade deficit creates a moment of economic crisis.

It will widen the gap between rich and poor countries; rich countries are making money from selling weapons, and poor countries are suffering from scarcity of raw materials like oil. These oil producing countries can wage wars because they have the money and the resources and they can easily build their country and their economy, while poor countries lose every day because the economy slows down because of a lack of raw materials.
The United Nations should do its job of preventing these wars, because its the poor countries that suffers the most.

Yes, USA always try to strong their economy and their economy will be strong if they will supply their weapons to the country which are entrapped in War . USA is supplying the weapons to the Israel and Israel is doing the War with three countries. Iran attacked on Israel because Israel is killing the people of Phalasteen.  USA economy is going strong and strong and they will support to the Israel because Israel is providing the money to the all World banks which we know, IMF .Israel is providing monitoring fund and many countries are entrapped in this and Israel pushed them to help for Israel. In the future there will be more destruction.

Third-world countries are the ones that will suffer the most. In our country alone, we are feeling the impact of war because of the depleted supply of oil. We are a country where the economy depends so much on oil, and since we cannot produce our own oil, we are importing oils, and these wars usually happen in the Middle East, where we import oils.
Everytime there is war like what's happening in Gaza, prices of prime commodities go up, inflation skyrocket and our currency weakens, so if there's a new war coming and it happens to come to an oil-rich country where we get our oil, then our country is doomed, That's the scenario in war in one region; it has an effect on countries on another part of the globe.

This is African continent we are talking about here, they are still developing and we can't compare them to the developed ones, but that a side, it's not an excuse, secondly, talking about economic war, how dependent or independent does a country appears, war is happening almost everywhere, but how prepared are we towards not being affected by any of these human crisis in related to the development of the economy.

1. It's very easy to answer - because every action elicits the same opposition. China thought it was the “second pole of the world” but overestimated its strength. And when it started spitting in the direction of the west it should have realized that a response would follow. It did, and now Trump will continue and intensify his response to China.  “How you treat people is how they treat you,” and that's what China is feeling now.

Does the U.S. and Russia have a conflict? Really? There is a violation of the Budapest Memorandum, where the U.S., Britain and Russia committed themselves to ensuring the integrity of Ukraine's borders and sovereignty. Russia has unleashed a terrorist war against Ukraine, the US is fulfilling, and not fully, its obligations. Where is the conflict between the USA and Russia? It is simply the realization of signed obligations. I understand that the Russian propaganda wants their dubious success and prospects of the “special operation” to look not as a loss of small Ukraine, which for a couple of months dispelled the myth of the “second army of the world”, but as a “fight against the whole world”, but we know how the situation looks in reality !:))

2. There is no “Russian-Ukrainian conflict”, there is a terrorist war unleashed by Russia against Ukraine.

With any luck, now that we will have a new President in the US, peace talks & proposals will be more likely to be made between Russia & Ukraine. If that war can be stopped then gas prices will become cheaper which obviously helps everybody worldwide. We all want world peace, we have two major problems, the wats between Russia & Ukraine, plus Israeli tensions in the Middle East. I feel we are more likely to be successful with deescalation's now than under the previous regime. 

When a country is controlled by arms dealers who make money by selling weapons and they can only sell weapons if there are wars, then it is obvious that you can't work with that country (ie. United States).

That's the problem with the US, just look at the list of donors/contributors to Trump campaign. You will see familiar names like Lockheed Martin and Northrop Grumman. They would have never given him money if they thought he would end wars and bankrupt their companies

So how can any country (not just China and Russia) work with this United States?

Exactly. Global wars will further disrupt global supply chains. This in turn, harms the economy in the long run. No one wants conflict. Everybody wants peace. A world working unanimously can lead us towards financial prosperity. Why can't China and the US work together? Or why can't Russia and the US settle things diplomatically, instead of turning against each other? Sanctions are not the answer to solve the world's problems. It's been proven they don't work. Actually, they've backfired as now the West is in a worse economic state than it was before.

Until the conflict between Ukraine-Russia and Israel-Hamas-Iran-Hezbollah comes to an end, don't expect the global economy to improve anytime soon. It will only get worse. Maybe a second Trump presidency will fix this? Only time will tell.

World peace should be the wish of every peace-loving people yet the superpowers are interested in arms race for war. Yes we expect world peace by 2025 and it can be expected that Russia and Ukraine war will end with Trump victory and he promised to end this war. Donald Trump has won the presidency and he must keep his promises. Also, if it is possible to end the war situation between Iran and Israel a stable situation can be created in the world. The war situation in the Middle East is responsible for the rise in oil prices.

Underdeveloped countries fail to manage their economy properly because they do not have enough dollars in reserve and even if they have some amount they do not distribute it properly and this trend is observed as a result of corruption. Funds given as grants from developed countries do not show efficiency in proper implementation because their administration is corrupt. As a result of global influence, most countries behave non-cooperatively instead of mutually co-operating due to which a situation of war prevails between them and the US earns a lot by increasing arms sales. As a result of which the weak countries become more weak economically.

Poor and underdeveloped countries depends on aids to stabilize their economy, so with the rate of wars and crisis in the world today, the attentions of the developed countries are diverted. Besides most of these underdeveloped countries don't utilize the aids that are granted to them because of corruption. Wars and conflicts cripples trade and commerce, and it affects other countries directly and indirectly.

Funding wars takes a lot from the countries involved and the superpowers like America, that supports and funds wars also gets exhausted. What is happening globally is a lose lose for the countries that are directly involved and to some extent the countries that are not involved. If the wars and crisis continues and escalates to other countries and regions, that will become a major problem for the global economy.

The impacts of war vary by region and economy. For instance, while the war in Ukraine has disrupted food supplies, leading to price increases especially in poorer nations, food inflation in many advanced economies is stabilizing. On the other hand, developing countries that have less financial leeway to absorb these increases-just like parts of Africa face higher food inflation and are likely to suffer more in the food crisis, worsened by disruptions in supplies after the collapse of the Black Sea Grain Initiative.

Also, whereas surging fuel prices were one of the major consequences after the Ukraine conflict, oil markets have remained rather stable this time around from the Middle East conflict, partly due to maintained supply, although speculation by investors has had some effect. This means not only is inflation a concern this time out, but universally, energy-related driving is not a factor.

Insofar as the fear of global economic collapse by 2025 is valid, there are mitigants. Cooperative supply chain hardening and improvement of food security, especially in poorer countries, would lessen the stresses on these economies. This is indeed a grim scenario; to predict a worldwide disaster based on these hypotheses without considering such potential mitigations may be a leap of a kind.

Humanity is currently going through a very difficult period. In addition to various global problems such as pandemics, the so-called axis of evil is being formed in the world - an alliance of Russia, China, Iran and North Korea, which want to change the existing global security system in their favor through military action.

When Russia attacked Ukraine in February 2022, European countries were not at all ready to defend and protect their democratic values by military means. Ukraine has been holding back the Russian occupation army for almost three years at the cost of its own great losses, thereby giving Europe the opportunity to prepare for a further escalation of military action on their territory.

It is difficult to predict how this will end. Russia is also already exhausted by the war and has major internal problems due to the fact that it is spending all its material and human efforts on continuing the war and capturing Ukraine. Iran tried to attack Israel and received a powerful response to its air defense system, as well as factories producing missiles and drones.

The United States is really helping Ukraine and Israel with its weapons. But it was not the United States that started these wars. It was Russia that attacked Ukraine back in 2014 and launched a full-scale invasion in 2022. It was Hamas and other armed groups that invaded Israel on October 7, 2023, leading to the taking of civilian hostages and the current ongoing war.

the effect of war on an economy stands on one side as one of the problem of the world economy but then, the bigger problem is the inability of the countries who are suffering at the receiving end to take full responsibility of thier suffering and look to it that they create a reasonable solution that will take them out of that mess.

Before oil, there where other resources that helped most third world country sustain herself in terms of revenue generation but since oil become a big deal, no one wants to go back to those alternative sources of boosting revenue but wants to rely on oil for all her needs forgetting that the price is always subject to global crises. It doesn't look nice to discover that for every global crisis that affect oil price, there's always a direct effect in inflation in most third world countries and what's the cause? Simply over dependence on a single source of generating revenue.

That’s easier said than done. People on the ground know how hard it really is. When you talk about a corrupt government, it’s not just one part - it’s the whole system, from top to bottom, with everyone wanting a cut. If they’re already stealing from national funds, imagine how much worse it is with donations that have no strict oversight.

There are countries willing to help, but some politicians just love to steal from their people. It’s almost like corruption becomes part of the culture, and no matter who becomes the leader, it just keeps getting passed down. You can see it clearly- most of the poorest countries are also the most corrupt. There’s definitely a link there, and it explains why some countries just keep getting poorer.

Israel as a tiny insignificant terrorist organization is not at the same level as a super power like Iran to be a war between Iran and this organization. As we've seen from the past year this terrorist organization could not even win in a tiny open air prison called Gaza that has been cut off from the rest of the world for many years.

Iran's upcoming punishment of this terrorist organization is also not going to affect the oil price or the global economy. It will just cripple the Zionist war machine that US has built for them and shortens the demise and dismantlement of this terrorist organization.

However, we know that US regime is backing this terrorist organization and there are certain scenarios which I won't get into here that Iran would need to punish the US regime and that could lead to global economic catastrophe (not just some price rise) and the economy will simply fall apart in worse way than 1929.

Corruption in some governments does make it difficult for international aid to reach those who need it most, which is particularly troubling in places already struggling with poverty. I think there’s a dire need for more effective governance in aid distribution and for international organizations to find ways to prevent misuse of funds so that resources reach people directly.

If the world continues on this path, economic consequences could become severe. Hopefully, more diplomatic efforts can help ease tensions and allow us to focus on stabilizing the global economy, but 2025 isn’t far off. We’ll need a lot of resolve and cooperation to avoid the potentially catastrophic outcomes.

The thing that propelled increment in a country is dependable on the economy management of the country, because I know hardship in a country starts with bad governance, if cost of living is unbearable in a country what causes it is moderation of transportation, because if the government can control means of transportation or reduce cost conveying goods from one place to another and also gives loan business men and women including farmers that produces most of the farm foods and industrial manufacturing foods I don't think that costs of living will be expensive, government is the caused of every hardship each country experienced.

All these are caused by greedy, selfish and incompetent politicians. That is why it is worst in African countries. It happens in other countries too but it's worst in Africa. Most of them have leaders who don't understand the implications of high tariffs on foreign goods or companies like a certain man from the states. When you have leaders like that, the country will definitely suffer.

Another reason why the world is like this economically is because countries these days always have to choose the lesser evil when selecting leaders. The political parties just focus on bring the good politician that can win votes instead of bringing a competent leader. This will leave the citizens no choice but to choose the least worst one and sometimes, the worst one wins. I think there should be a way for the citizens to reject every candidate brought if they're all incompetent.