Please note: We could find thousands of articles looking at the political, moral, and strategic cases for or against the war - only papers discussing economic ramifications will be listed here.

Economic Costs of the War

There is considerable ongoing debate on what the cost would be for the war and subsequent rebuilding of Iraq. NABE will use this page to post links to any estimates we find online. NABE does not endorse or oppose any of these estimates, and will link to any that we find that amount to more than just off-the-cuff opinions or posturings. If you know of any online estimates that we haven't posted here, let the webmaster know.

• Updated CBO Estimate (3/2003) Included in An Analysis of the President's Budgetary Proposals for 2004
• Economic Consequences of the War, by William Nordhaus, in the New York Review of Books 12/02
• Council on Strategic and International Studies: After an Attack on Iraq, The Economic Consequences, 11/02
• CSIS: Background Paper on Oil Price Paths 11/02
• CSIS: The Military, Political and Economic Consequences 11/02
• CSIS: The US, the Gulf, and the Middle East: Energy Dependence, Demographics, and the Forces Shaping Internal Stability 12/02
• Council on Foreign Relations: Iraq Resource Center
• Tech Central Station: Military Market, the Effect of War on the Market
• Center for Strategic and Budgetary Assessments: Potential Costs of a War on Iraq and its Post-War Occupation 2/03
• Center for Economic and Policy Research: The Economic Costs of a War with Iraq: The Negative Scenario
• NABE member Gregory Hess looks at the broader theoretical costs in the working paper The Economic Welfare Cost of Conflict: An Empirical Assessment
• Steven J. Davis, Kevin M. Murphy and Robert H. Topel, War in Iraq versus Containment: Weighing the Costs

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