Economy is the lifeblood of the entire world and can be impacted by sociopolitical and security situations, especially in troubled time and violence, bringing about economic consequences. The interdisciplinary theme on ECONOMIC VALUE OF PEACE: MEASURING THE GLOBAL ECONOMIC IMPACT OF VIOLENCE AND CONFLICT published by the Institute for Peace and Economics (IEP) is further discussed. The said report provides a detailed research study on the economic effects of violence. The researchers highlighted the direct and indirect effects of violence and terrorism – albeit unmeasurable – in the global economy, the economies of major countries, and emerging economies.