Conflict at the cost of the poor

According to the IEP, the estimated economic cost of armed conflict, war and violence to the global economy in 2020 was US$14.96 trillion.

POVERTY has many roots, and it has many causes. but among those causes, war and arms sales are one of the greatest obstacles to development and poverty reduction.

War and arms trade may have fattened the pockets of some businesses and individuals, but millions have been plunged into poverty. Social scientists and economists argue that once a country experiences conflict, it faces a reversal of economic development, because when a war or armed conflict begins, its consequences extend far beyond human casualties.