Opportunity Cost of Conflict
A report by Strategic Foresight Group, a think tank in Asia has calculated the opportunity cost of conflict for the Middle East from 1991-2010 at US$12 trillion (12,000,000,000,000). Syria’s share in this is over a $150 billion. The government also spends almost 7% of its GDP on the military, compared to 2% spent on health care.
Read more about this topic: Economy Of Syria
Famous quotes containing the words opportunity, cost and/or conflict:
“... the next war will be a war in which people not armies will suffer, and our boasted, hard-earned civilization will do us no good. Cannot the women rise to this great opportunity and work now, and not have the double horror, if another war comes, of losing their loved ones, and knowing that they lifted no finger when they might have worked hard?”
—Eleanor Roosevelt (1884–1962)
“To call a posit a posit is not to patronize it. A posit can be unavoidable except at the cost of other no less artificial expedients. Everything to which we concede existence is a posit from the standpoint of a description of the theory-building process, and simultaneously real from the standpoint of the theory that is being built.”
—Willard Van Orman Quine (b. 1908)
“Humankind has understood history as a series of battles because, to this day, it regards conflict as the central facet of life.”
—Anton Pavlovich Chekhov (1860–1904)