John Maynard Keynes, then a rising young economist, participated in the Paris Peace Conference in 1919 as chief representative of the British Treasury and advisor to Prime Minister David Lloyd George. He resigned after desperately trying and failing to reduce the huge demands for reparations being made on Germany. The Economic Consequences of the Peace is Keynes' brilliant and prophetic analysis of the effects that the peace treaty would have both on Germany and, even more fatefully, the world.
Looking beyond and beneath the macro level, this book examines the processes and outcomes of the interaction of economic reforms and socio-economic peacebuilding programmes with, and international interventions in, people’s lived realities in conflict-affected societies. The contributions argue that disregarding socio-economic aspects of peace and how they relate to the everyday leaves a vacuum in the understanding of the formation of post-conflict economies. To address this gap, the book outlines and deploys the concept of ‘post-conflict economy formation’. This is a multifaceted phenomenon, including both formal and informal processes that occur in the post-conflict period and contribute to the introduction, adjustment, or abolition of economic practices, institutions, and rules that inform the transformation of the socio-economic fabric of the society. The contributions engage with existing statebuilding and peacebuilding debates, while bringing in critical political economy perspectives. Specifically, they analyse processes of post-conflict economy formation and the navigation between livelihood needs; local translations of the liberal hegemonic order; and different, sparse manifestations of welfare states. The book concludes that a sustainable peace requires the formation of peace economies: economies that work towards reducing structural inequalities and grievances of the (pre-)conflict period, as well as addressing the livelihood concerns of citizens. This book was originally published as a special issue of Civil Wars.
This Handbook brings together contributions from leading scholars who take an economic perspective to study peace and conflict. Some chapters are largely empirical, exploring the correlates and quantifying the costs of conflict. Others are more theoretical, examining the mechanisms that lead to war or are more conducive to peace.
The human race has often put a high value on struggle, strife, turmoil, and excitement. Peace has been regarded as a utopian, unattainable, perhaps dull ideal or as some random element over which we have no control. However, the desperate necessities of the nuclear age have forced us to take peace seriously as an object of both personal and national policy. Stable Peace attempts to answer the question, If we had a policy for peace, what would it look like? A policy for peace aims to speed up the historically slow, painful, but persistent transition from a state of continual war and turmoil to one of continual peace. In a stable peace, the war-peace system is tipped firmly toward peace and away from the cycle of folly, illusion, and ill will that leads to war. Boulding proposes a number of modest, easily attainable, eminently reasonable policies directed toward this goal. His recommendations include the removal of national boundaries from political agendas, the encouragement of reciprocal acts of good will between potential enemies, the exploration of the theory and practice of nonviolence, the development of governmental and nongovernmental organizations to promote peace, and the development of research in the whole area of peace and conflict management. Written in straightforward, lucid prose, Stable Peace will be of importance to politicians, policy makers, economists, diplomats, all concerned citizens, and all those interested in international relations and the resolution of conflict.
Presents the research on economic factors affecting peace and war. This title includes theoretical perspectives on the economic foundations of peace, violence and war within countries, connections between international trade and inter-state conflict, and the role of legal/institutional factors in international and internal conflict.
While COVID-19 is reshaping our lives, this must-read book for 2021 provides some of the answers to our most pressing global challenges. Unless the world is basically peaceful, we will never get the trust, cooperation and inclusiveness to solve these issues, yet what creates peace is poorly understood. Working on an aid program in one of the most violent places in the world, North East Kivu in the DR Congo, philanthropist and business leader Steve Killelea asked himself, ‘What are the most peaceful nations?’ Unable to find an answer, he created the world’s leading measure of peace, the Global Peace Index, which receives over 16 billion media impressions annually and has become the definitive go to index for heads of state. Steve Killelea then went on to establish world-renowned think tank, the Institute for Economics and Peace. Today its work is used by organisations such as the World Bank, United Nations and Organisation for Economic Co-operation and Development (OECD) and taught in thousands of university courses around the world. Peace in the Age of Chaos tells of Steve’s personal journey to measure and understand peace. It explores the practical application of his work, which is gathering momentum at a rapid pace. In this time when we are faced with environmental, social and economic challenges, this book shows us a way forward where Positive Peace, described as creating the optimal environment for human potential to flourish, can lead to a paradigm shift in the ways societies can be managed, making them more resilient and better capable of adapting to their changing environments.
Post-conflict reconstruction is one of the most pressing political issues today. This book uses economics to analyze critically the incentives and constraints faced by various actors involved in reconstruction efforts. Through this analysis, the book will aid in understanding why some reconstructions are more successful than others.
