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  • A Good War for Economic Gro...
    Pernica, Bohuslav; Sixta, Jaroslav

    The Journal of Slavic military studies, 04/03/2023, Volume: 36, Issue: 2
    Journal Article

    With the implementation of the UN's System of National Accounts 2008 (SNA 2008), an unusual impact of wars on economic growth emerged. The SNA 2008 enables nations to include the depreciation of military hardware in their Gross Domestic Product (GDP) calculations. Economic growth can be furthered not only by making extensive military investments in force modernization but donations of weapons and ammunition can also be factored into a nation's national accounts. This research note presents how the SNA has affected the Czech Republic, a member of both the EU and NATO, which is a small-sized country that since 2022 has donated an extraordinary volume of second-hand hardware to Ukraine, which has contributed to the economic growth of Ukraine.