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The Economic Costs of a War in Iraq: The Negative Scenario

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Publication Date: December 2002

Publisher(s): Center for Economic and Policy Research

Author(s): Dean Baker; Mark Weisbrot

Topic: Military and defense (Military spending)

Keywords: Oil price; Job displacement; Terrorism

Type: Report

Coverage: United States

Abstract:

This paper examines the potential economic costs of a war with Iraq in a scenario in which the war is not over quickly. It follows loosely from the negative scenario developed in a recent study by William Nordhaus.