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The Conversation
The Conversation
Tomasz Piotr Wisniewski, Professor of Finance, The Open University

How buying weapons can harm a country’s economy

M2M_PL/Shutterstock

Some wars are predictable. There are conflicts past and present which have been more or less expected because of economic and social conditions, a country’s history or that of its neighbours.

In today’s geopolitical landscape, one warning sign that really stands out is the buying and selling of weapons. There is good evidence that a surge in arms imports tends to increase the risk and intensity of future wars.

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