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:
“I often think that all the difficulties we encounter only give us the more strength if we keep hold of our work, and we must not now give up while in the prime of life. It is best to keep trying, and by and by the opportunity will come. If we have given up, then we shall not be ready for it when it does come.”
—Ellen Henrietta Swallow Richards (1842–1911)
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—Willard Van Orman Quine (b. 1908)
“It is a life-and-death conflict between all those grand, universal, man-respecting principles which we call by the comprehensive term democracy, and all those partial, person-respecting, class-favoring elements which we group together under that silver-slippered word aristocracy. If this war does not mean that, it means nothing.”
—Antoinette Brown Blackwell (1825–1921)