Peace economics in a changing world

Raymond Gilpin ()
Additional contact information
Raymond Gilpin: Africa Center for Strategic Studies, National Defense University, Washington, D.C., USA

Economics of Peace and Security Journal, 2017, vol. 12, issue 2, 32-36

Abstract: Even though the global economy continues to grow and technological advancements expand horizons, over half of the world’s population experiences profound want and fear on a daily basis. The global poor are predominantly found in countries that are underdeveloped and/or conflict-affected. Traditional economics has failed to provide an analytical framework that is both appropriate and transferrable, particularly in contexts where Westphalian assumptions of statehood do not hold true. Globalization, the rise of nonstate actors, and the existence of persistent low-intensity conflict have reconfigured the geostrategic landscape. By emphasizing the use of economic principles to promote peace through the design and implementation of strategies that foster efficiency and inclusion, peace economics could provide a viable framework for the development and security of fragile states and regions. This article examines the evolution of the discipline, analyzes potential challenges posed by fragile states, and proposes six recommendations for contemporary peace economists.

Keywords: Peace; economics (search for similar items in EconPapers)
JEL-codes: D74 H56 (search for similar items in EconPapers)
Date: 2017
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.epsjournal.org.uk/index.php/EPSJ/article/view/297 (application/pdf)
Open access 24 months after original publication.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:epc:journl:v:12:y:2017:i:2:p:32-36

Access Statistics for this article

Economics of Peace and Security Journal is currently edited by Michael Brown and J Paul Dunne

More articles in Economics of Peace and Security Journal from EPS Publishing Contact information at EDIRC.
Bibliographic data for series maintained by Michael Brown, Managing Editor, EPSJ ().