THE COST OF WAR AND ITS RIPPLE EFFECT ON THE ECONOMY
In the complex tapestry of global geopolitics, few issues are as contentious and deeply rooted as the conflict between Israel and Palestine. Beyond the human suffering and geopolitical implications, the economic repercussions of this prolonged conflict are far-reaching, underscoring the profound impact that war can have on the financial well-being of nations. The Immediate Costs : The immediate costs of war are often the most apparent. In the case of Israel and Palestine, both sides bear the burden of military expenditures, reconstruction costs, and the depletion of vital resources. Infrastructure, once a cornerstone of economic development, lies in ruins, disrupting the normal functioning of economies and increasing the financial strain on governments. The Ripple Effects on Trade and Investment : War disrupts the delicate fabric of international trade and investment. The uncertainty surrounding conflict deters foreign investors, leading to a decline in economic activities. Busine...