Sunday, April 30, 2017

Free exchange The threat of war can bring much-needed investment

The Article

This article discusses the implications on government, economies, and populations when war seems to be eminent. The cost of war means that governments have to be more efficient in spending, and ensure taxes are being used in the best possible way. Focusing on military strength also forces governments to invest in technology development. Investment increases after or before military rivalries especially in STEM programs.

The political atmosphere causes people to think that war is coming, which might actually have positive reactions in the economy and in developed countries.

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