Federle, Jonathan-Julian; Meier, André; Müller, Gernot J. - In: Wirtschaftsdienst 104 (2024) 4, pp. 283-286
Amid escalating geopolitical tensions, we offers insights into the far-reaching consequences of wars. Based on a new dataset on major conflicts since 1870, the findings show that wars cause a substantial decline in GDP and spike in inflation within war zones. Interestingly, countries...
