The Financial Effects of an Indo-Pak War
The relations between India and Pakistan have never really been cordial. Ever, since the Islamic Republic of Pakistan was carved out of British India, the two countries have been at loggerheads. The countries have fought four wars until now, and the disputed territory of Kashmir has been at the centre of three of those wars.
After the Indian security forces were attacked at Pulwama it Kashmir where 44 soldiers were martyred, there is immense tension in the Indian subcontinent. India has been holding Pakistan responsible for this dastardly attack. However, at the same time, Pakistan has been simply denying any involvement in the attack.
Warmongering and chest thumping by politicians and media channels on both sides of the Indo Pakistan border almost brought the nuclear-armed neighbours to the brink of another war.
The problem is that neither Pakistan nor India can actually afford a war at this stage. India is on its way to becoming a global economic power. On the other hand, Pakistan is on its way to bankruptcy. A war would mean both countries would find it impossible to meet their economic objectives.
In this article, we will have a look at some of the financial consequences that would arise in the event of an Indo-Pak war.
Financial Effects of War
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