Bose, Mampi
(2019)
Financing war: who pays and who benefits?
[Publications (Pre-joining)]
Abstract
The ghastly terror attack in Pulwama, J&K, on February 14, 2019 in which 44 CRPF personnel were killed, had brought India and Pakistan almost to the brink of yet another war. Although, in the subsequent days, particularly since the release of Wing Commander Abhinandan, the captured IAF pilot by Pakistan, tensions between the two countries eased to some extent, yet, the spectre of another escalation loomed large in the region. The present discussion focuses on financing a war and its impact on the country’s economy. More specifically, in this essay, I analyse the impacts of financing a war on the economy in India and on its citizenry.
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