The Economics of Conflict and Peace
History and Applications

Introduces conflict and peace economics, outlines its history of thought, contemporary theory and evidence, and maps trajectories for further research.

Shikha Basnet Silwal (Author), Charles H. Anderton (Author), Jurgen Brauer (Author), Christopher J. Coyne (Author), J. Paul Dunne (Author)

9781108926249, Cambridge University Press

Paperback / softback, published 24 June 2021

75 pages
22.9 x 15 x 0.5 cm, 0.15 kg

Written for an audience of students, general readers, and economists alike, this Element is a primer on the field of the economics of conflict and peace. It offers a reasonably comprehensive, systematic, and detailed overview - even if in broad strokes - of the field's orthodox and heterodox history of thought and current theories and evidence. The authors view this Element as a baseline account on which to build a future, separate and more fully developed, work on the economics of peace, economic growth, and human development. Altogether, the Element contextualizes the field of conflict and peace economics, outlines its history of thought, highlights examples of current theoretical and empirical scholarship in the field, and maps trajectories for further research.

Introduction
Part I. Context and Overview
: 1. Conflict and peace in economic perspective
Part II. A Short History of Thought: 2. The Austrian school: insights on the war economy
3. Marxian and heterodox views
4. Neoclassical and neo-Keynesian views
Part III. Selected Theory and Evidence: 5. Conflict and the growth of government
6. Military expenditure, war, and the cost of war
7. Neoclassical theory: extensions and evidence
Part IV. Conflict and Peace Economics: Where to Next?: 8. The future of conflict and peace economics
References.

Subject Areas: Economics [KC], Peacekeeping operations [JWLP], War & defence operations [JWL]