An economic approach to peacemaking and peacekeeping | Zendy

Lloyd J. Dumas | Zendy

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An economic approach to peacemaking and peacekeeping

Author(s) -

Lloyd J. Dumas

Publication year - 2006

Publication title -

the economics of peace and security journal

Language(s) - English

Resource type - Journals

SCImago Journal Rank - 0.181

H-Index - 1

ISSN - 1749-852X

DOI - 10.15355/epsj.1.2.7

Subject(s) - peacemaking , peacekeeping , incentive , set (abstract data type) , work (physics) , law and economics , political science , economics , political economy , economic system , computer science , microeconomics , public administration , law , engineering , mechanical engineering , programming language

The greatest contribution that economics can make to banishing war lies in creating conditions that help keep the peace, especially in the long run. The problem is to identify the set of conditions that will generate positive incentives for nations to keep the peace and work out a set of policies and institutions capable of creating those conditions. The article outlines a few of the most critical conditions and sketches some of the kinds of policies that might help to bring them about.

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