War in Kosovo

Paper Summary:

This paper examines the background to the war in Kosovo and discusses the impact that an extended conflict could have on the economy. The paper looks at what NATO's bombing will do the the stability of the area and how Russia's involvement with and sympathy for Kosovo could balance things out.

From the Paper:

"According to an article in The Economist, Russian Prime Minister Yevgeny Primakov abandoned his money-seeking trip to the United States in mid-flight upon hearing that NATO bombing of Kosovo had begun. The Prime Minister's original goal had been to request money from the IMF as "Russia owes 17.5 billion in debt payment this year..."1 The country's previous default caused a drop in the bond markets. Investors fear that any more defaults could cause a chain reaction and completely destroy the markets.2"

More papers on War in Kosovo:

• Essay # 56457 : "The War in Kosovo"
• Essay # 4644 : "Humanitarian Intervention: Rumping Sovereignty in Kosovo"
• Research Paper # 64671 : "NATO Intervention in Kosovo"

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