Abstract
ABSTRACT 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.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
