Friday, June 20, 2014

fast approaching neutron-bomb time?



RT | The last seven years have seen a rapid deterioration in world peace and the cost of global violence was put at $1,350 per person, according to an index measuring world peace as several countries slid down the index into civil war and violence.

The economic cost of dealing with world violence stood at $9.8 trillion, or 11.3 percent of total global economic output – as much as the economies of Britain, France, Germany and Italy combined, according to new research by the Institute for Economics and Peace (IEP). 

The pattern reversed the 60-year trend in more peace after the end of World War II. 

The index was measured gauging conflict, unrest, safety and security as well as militarization and defense spending. 

“Given the deteriorating global situation we cannot be complacent about the institutional bedrocks for peace,” said Steve Killelea, the IEP’s executive chairman, Reuters reported. 

“This is a wakeup call to governments, development agencies, investors and the wider international community that building peace is the prerequisite for economic development,” he added. 

The decline in world peace is not being felt round the world evenly. While 51 countries had improved levels of peace since 2008, 111 had deteriorated.

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