EconPapers    
Economics at your fingertips  
 

Verification of Peace Accords and Military Expenditures in Post-Conflict Societies

Wakako Maekawa

Defence and Peace Economics, 2024, vol. 35, issue 3, 295-319

Abstract: Why is it that some governments ending a civil war in a negotiated settlement succeed in reducing military spending while others fail? Civil wars ending in peace agreements result in relatively low military expenditures; however, not all governments succeed in the reduction. I argue that implementing a third-party verification mechanism of peace accords helps reduce military spending in post-conflict societies because the verification mechanism facilitates the peace accord implementation by enabling reciprocal implementation and by increasing the cost of noncompliance through active information flow. Implementation of peace agreements reduces threats posed by both former and outside rebel groups. This makes the government decrease the military expenditure allocated to appease internal security threats. I tested this argument using 32 civil wars with a comprehensive peace agreement between 1992 and 2011. The results indicate that initiating a verification mechanism leads to lower military spending.

Date: 2024
References: Add references at CitEc
Citations:

Downloads: (external link)
http://hdl.handle.net/10.1080/10242694.2022.2158648 (text/html)
Access to full text is restricted to subscribers.

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:taf:defpea:v:35:y:2024:i:3:p:295-319

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/GDPE20

DOI: 10.1080/10242694.2022.2158648

Access Statistics for this article

Defence and Peace Economics is currently edited by Professor Keith Hartley

More articles in Defence and Peace Economics from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().

 
Page updated 2025-03-20
Handle: RePEc:taf:defpea:v:35:y:2024:i:3:p:295-319