Macroeconomic effects of a war with Iraq

Macroeconomic effects of a war with Iraq Earlier this year (2003) with the looming and seemingly inevitable conflict in Iraq drawing increasingly near, doubt from various areas and parties arose over the justification of a war in Iraq. If Iraq invaded Australia or the U.S. then an inarguable case is presented for action and as a consequence; increased military spending is necessary, expected and enjoys an unquestioned existence. In contrast, the reality of the recent …

…International Merchandise Trade, Cat No. 5422.0, December <Tab/>quarter 2002. McKibbin, W. 2003, War With Iraq [Online], <Tab/>http://www.econ.yale.edu/~nordhaus/Econ157b/mckibben.pdf [2003, April] Pemberton, M. 2002, The Economic Cost of a War with Iraq [Online], <Tab/>http://www.fpif.org/pdf/gac/0209iraqwarcosts.pdf [2003, April] Australian Bureau of Statistics, International Merchandise Trade, Cat No. 5422.0, December <Tab/>quarter 2002.