Wednesday, June 17, 2015

Conflicts Cost 13 Percent Of World GDP



The Guardian: Global cost of conflict reaches $14.3tn, says report

Global Peace Index shows wars wreaking havoc on economies as world spends more than 13% of GDP on costs related to violence

The world’s steady shift away from peace and into conflict inflicted a $14.3tn (£9.21tn) cost on the global economy last year, as nations ramped up military spending and more people were driven from their jobs, according to the latest Global Peace Index (GPI).

Fighting in Syria, Iraq and Afghanistan had wreaked havoc on economies and helped push the level of peace in the world to its lowest since 2008, the index showed. Providing services for refugees and internally displaced people was one of the biggest costs of last year’s violence.

WNU Editor: The latest Global Peace Index report is here.

More News On The Latest Global Peace Index Report On Global Conflicts

Cost of violence hits $14 trillion in increasingly divided world -- Reuters
Survey: Conflicts Cost 13 Percent Of World GDP -- Radio Free Europe
Cost of global violence hit $14 trillion in 2014, study claims -- Irish Times
2015 Global Peace Index Reveals an Increasingly Divided World -- PR Newswire
Glaring regional gap between violence and peace -- Deutsche Welle
World Hasn’t Had So Many Refugees Since 1945, Report Says -- Bloomberg
Global Refugees 2015: More People Fleeing Home Than Any Other Time Since World War II -- IBTimes

2 comments:

Anonymous said...

Rev 18:19 And they cried , weeping and wailing , saying , Alas, that great city, wherein were made rich all that had ships in the sea by reason of her costliness! for in one hour is she made desolate.
Global violence and natural disasters will eventually break the bank. GUARANTEED!

Unknown said...

See next story pertaining to water potable shortage.