From War to Financial Crisis -- Analyzed with Critical Systems Theory

Harste, Gorm
December 2014
Nordicum-Mediterraneum;2014, Vol. 9 Issue 3, p4
Academic Journal
A conference paper about the long-term risk posed by major wars to the economic system is presented. It states that heavy long-term costs of war has an adverse impact on the financial systems of taxation and credit systems. It is stated that the Afghanistan War, the Vietnam War, and the Iraq War resulted in the development of the background for the global financial crisis that started in 2008.


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