Federle, Jonathan; Meier, André; Müller, Gernot J.; … - 2024
immediate theaters of war alone, real GDP falls by an average of 30 percent five years after the start of the war, while … inflation rises by up to 15 percentage points. Further war costs are added to neighboring countries and countries further away … by the war in Ukraine. The authors expect a cumulative GDP loss in Ukraine of around 120 billion US dollars by 2026. The …