A sketch of the economic consequences of the Gulf War

Andrew Hughes Hallett, Yue Ma, Jim Love (Editor)

Research output: Contribution to journalArticle

Abstract

The British and American governments have evidently thought a lot about how to pay for the Gulf War, and their effort to obtain financial contributions from non-combatants in the OECD, and from Gulf Co-operation Council countries, have
been fairly successful. In recent days they have also thought - in strictly political terms - about how to win the peace, after winning the war. But what they have not done, at least at an official level, is to consider the economic implications of the Gulf War. The ability to win the peace, and the willingness of other countries to support new arrangements designed to produce more stability in the region, must surely depend in part on the economic situation created by the war. This note projects the likely consequences of the war for the OECD countries, together with some of the indicators for the Gulf countries and the developing economies (LDCs).
LanguageEnglish
Pages58-69
Number of pages12
JournalQuarterly Economic Commentary
Volume16
Issue number3
Publication statusPublished - Mar 1991

Fingerprint

Economic consequences
Economics
Peace
Gulf Cooperation Council
Willingness
Government
Less developed countries
OECD countries
Developing economies

Keywords

  • Gulf War
  • military expenditure and financing
  • war costs
  • economic strategy

Cite this

Hughes Hallett, Andrew ; Ma, Yue ; Love, Jim (Editor). / A sketch of the economic consequences of the Gulf War. In: Quarterly Economic Commentary. 1991 ; Vol. 16, No. 3. pp. 58-69.
@article{30fd5a596c644e0a9b304063fddcde00,
title = "A sketch of the economic consequences of the Gulf War",
abstract = "The British and American governments have evidently thought a lot about how to pay for the Gulf War, and their effort to obtain financial contributions from non-combatants in the OECD, and from Gulf Co-operation Council countries, havebeen fairly successful. In recent days they have also thought - in strictly political terms - about how to win the peace, after winning the war. But what they have not done, at least at an official level, is to consider the economic implications of the Gulf War. The ability to win the peace, and the willingness of other countries to support new arrangements designed to produce more stability in the region, must surely depend in part on the economic situation created by the war. This note projects the likely consequences of the war for the OECD countries, together with some of the indicators for the Gulf countries and the developing economies (LDCs).",
keywords = "Gulf War, military expenditure and financing, war costs, economic strategy",
author = "{Hughes Hallett}, Andrew and Yue Ma and Jim Love",
year = "1991",
month = "3",
language = "English",
volume = "16",
pages = "58--69",
journal = "Fraser of Allander Economic Commentary",
issn = "2046-5378",
publisher = "University of Strathclyde",
number = "3",

}

A sketch of the economic consequences of the Gulf War. / Hughes Hallett, Andrew; Ma, Yue; Love, Jim (Editor).

In: Quarterly Economic Commentary, Vol. 16, No. 3, 03.1991, p. 58-69.

Research output: Contribution to journalArticle

TY - JOUR

T1 - A sketch of the economic consequences of the Gulf War

AU - Hughes Hallett, Andrew

AU - Ma, Yue

A2 - Love, Jim

PY - 1991/3

Y1 - 1991/3

N2 - The British and American governments have evidently thought a lot about how to pay for the Gulf War, and their effort to obtain financial contributions from non-combatants in the OECD, and from Gulf Co-operation Council countries, havebeen fairly successful. In recent days they have also thought - in strictly political terms - about how to win the peace, after winning the war. But what they have not done, at least at an official level, is to consider the economic implications of the Gulf War. The ability to win the peace, and the willingness of other countries to support new arrangements designed to produce more stability in the region, must surely depend in part on the economic situation created by the war. This note projects the likely consequences of the war for the OECD countries, together with some of the indicators for the Gulf countries and the developing economies (LDCs).

AB - The British and American governments have evidently thought a lot about how to pay for the Gulf War, and their effort to obtain financial contributions from non-combatants in the OECD, and from Gulf Co-operation Council countries, havebeen fairly successful. In recent days they have also thought - in strictly political terms - about how to win the peace, after winning the war. But what they have not done, at least at an official level, is to consider the economic implications of the Gulf War. The ability to win the peace, and the willingness of other countries to support new arrangements designed to produce more stability in the region, must surely depend in part on the economic situation created by the war. This note projects the likely consequences of the war for the OECD countries, together with some of the indicators for the Gulf countries and the developing economies (LDCs).

KW - Gulf War

KW - military expenditure and financing

KW - war costs

KW - economic strategy

UR - http://www.strath.ac.uk/frasercommentary/

UR - http://www.strath.ac.uk/fraser/

M3 - Article

VL - 16

SP - 58

EP - 69

JO - Fraser of Allander Economic Commentary

T2 - Fraser of Allander Economic Commentary

JF - Fraser of Allander Economic Commentary

SN - 2046-5378

IS - 3

ER -