The Political Economy of the Second Karabakh War

6 Pages Posted: 12 Dec 2021

See all articles by Gubad Ibadoghlu

Gubad Ibadoghlu

Economic Research Center (ERC); London School of Economics & Political Science (LSE)

Date Written: October 8, 2021

Abstract

This article analyzes the resources used during the Karabakh war. The Karabakh war shows that modern technological war is very expensive and destructive. The war is costly, especially, the financial burden of the current technological wars has increased significantly compared to the past. In order to have modern military equipment and remote-controlled combat equipment designed on the basis of the highest technology, the state must have a lot of economic power, and the defense budget must be adequate.

Keywords: Karabakh war, economic power, defense budget, Azerbaijan, Armenia

Suggested Citation

Ibadoghlu, Gubad, The Political Economy of the Second Karabakh War (October 8, 2021). Available at SSRN: https://ssrn.com/abstract=3939263 or http://dx.doi.org/10.2139/ssrn.3939263

Gubad Ibadoghlu (Contact Author)

Economic Research Center (ERC) ( email )

Fatalikhan Khoyski Avenue 111a
Room 23
Baku, AZ1052
Azerbaijan

London School of Economics & Political Science (LSE) ( email )

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