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Wars Impose Deep and Prolonged Economic Costs on Countries, IMF Research Finds

Summary by WTVB

By Andrea Shalal WASHINGTON, April 8 (Reuters) – Wars cause large and persistent economic losses in countries where fighting takes place, with output declining by roughly 7% over five years on average, and economic scars lasting for more than a decade, the International Monetary Fund said in research released on Wednesday. The IMF examined the cost of active conflicts – now at the highest levels since the end of World War Two – and the macroeco…

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Anadolu Ajansı

Right

IMF says conflicts cause large, persistent output losses

Conflicts inflict deep, lasting output losses on war-hit economies, while rising defense spending fuels inflation, worsens fiscal balances in medium term, Fund says

12 hours ago·Ankara, Türkiye

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Reuters

+3 Reposted by 3 other sources

Center

Wars impose deep and prolonged economic costs on countries, IMF research finds

16 hours ago·United Kingdom

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Seeking Alpha

Lean Right

Wars cut output and force hard fiscal trade-offs, IMF says (LMT:NYSE)

IMF warns wars cut output ~7% in 5 years and rising military spending strains budgets, raising debt and forcing trade-offs.

17 hours ago·United States

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Times Live

Lean Right

Wars slash output and leave decade-long economic scars, IMF warns

IMF says wars cut output 7% and leave long-term economic damage

17 hours ago·Johannesburg, South Africa

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diarioestrategia.cl

Imf Estimates that the Economic Bill of Wars Exceeds that of the Worst Crises or Natural Disasters

The GDP of countries where there is war declines by an average of 7% in five years ...

15 hours ago

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Bloomberg Linea

Number of Wars Reaching Levels Not Seen Since 1945 and the Imf Warns of Military Spending

The sustained increase in global military spending is consolidated as one of the major changes in the economy, in a context of growing geopolitical tensions. The International Monetary Fund (IMF) warns that this process occurs in parallel to a surge in global conflicts that can have an impact on debt and economic performance.

17 hours ago

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