Shortcast: Cost of War

Info Under The Radar

In this short episode, we are discussing the economic cost of war. Starting from the GDP of a country and the amount of tax that goes into military funding to how much individual war equipment costs, to give you a very concrete idea of why wars are so expensive. We are talking about this in the context of the current invasion of Ukraine by Russia but the calculations we mentioned in the episode can be easily expanded to other such wars.
Some of the references used in this episode:

1. http://old.cost.ua/en/budget/revenue/
2. https://www.statista.com/statistics/810835/ratio-of-military-expenditure-to-gross-domestic-product-gdp-ukraine/#:~:text=In 2020%2C military expenditure in,percent of gross domestic product.
3. https://www.ndtv.com/world-news/the-cost-of-war-how-russias-economy-will-struggle-to-pay-the-price-of-invading-ukraine-2821235
4. https://www.kyivpost.com/business/ukraine-collects-nearly-40-billion-in-taxes-relies-heavily-on-vat-for-budget.html
5. https://nation-creation.fandom.com/wiki/Modern_Day_Military_Pricing_List#RUSSIAN_MILITARY_EQUIPMENT
6. https://twitter.com/michaeldweiss/status/1502203487685328898?s=21

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Music Credits:

Origami by Johny Grimes https://soundcloud.com/johny-grimes

Creative Commons — Attribution 3.0 Unported — CC BY 3.0

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