THE SIZE OF ARMED CONFLICTS: ECONOMIC AND MILITARY IMPLICATIONS IN THE 21ST CENTURY
THE SIZE OF ARMED CONFLICTS: ECONOMIC AND MILITARY IMPLICATIONS IN THE 21ST CENTURY

Summary/Abstract: In the context of the current military conflicts, a series of consequences can be distinguished which, if a century ago they were exerted on the involved states and their neighbors, nowadays they develop over a much wider geographical area, sometimes even managing to encompass the global sphere. These economic-military implications of an armed conflict are accentuated in their speed of propagation in time and space, especially by the phenomenon of globalization which benefits from an ever wider development, in the context of technological advance from one day to the next. Under these conditions, any military action exercised on the territory of a state has a series of consequences, which are immediately manifested, from an economic point of view, here referring to the stock exchange, to the possibilities of investment at the local level, but also to imports and the exports of the respective state in correlation with the effects of the military conflict. Discussing the medium and long-term effects, these can vary depending on the geographical region where conflicts take place and the relations that the state has with its neighbors and what kind of global actor it is.

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