Title: Peace economics : a macroeconomic primer for violence-afflicted states /
Authors: Brauer, Jurgen, 1957-; Dunne, Paul.; United States Institute of Peace
Publisher: United States Institute of Peace,
Year: 2012
Subjects: Economic stabilization.; Economic policy; Macroeconomics.; Peace Economic aspects; War Economic aspects
Abstract: Creating sound economic policy and a stable macroeconomic framework is essential to societies recovering from violent conflict, yet few practitioners have the background needed to apply economic concepts effectively. To provide practitioners with a concise but broad overview of macroeconomic fundamentals as they touch on violence afflicted states, Brauer and Dunne have created Peace Economics. Filling a gap in the literature on peace design from an economic perspective, Peace Economics extends beyond economic principles into the wider realm of social reconstitution, social contract, and social capital in the hopes of helping practitioners build a more stable peace. Peace Economics is the first volume of the U.S. Institute of Peace Academy Guides, a series developed by the Institute's Academy for International Conflict Management and Peacebuilding. The Academy is a professional education and training center offering practitioner courses on conflict prevention, management, and resolution. Future volumes will address governance and democratic practices in war-to-peace transitions and engaging in identity-based differences, among other topics. Combining theory and practice and emphasizing strategic thinking, these resources are geared for policymakers; third parties (civic leaders, journalists, or government, military, and NGO personnel) working in conflict zones; as well as for students of conflict management and peacebuilding. --Publisher description.
Contents: Introduction -- 1. Violence and economic development. The economic cost of violence : a first impression ; Assets, income, and the bathtub theorem ; Macroeconomic policy and politics ; The nexus of violence, economic development, and global public policy ; Failure and success : two case studies ; Policy lessons and tips -- 2. Long-term economic goals : investment, productivity, and growth. Measuring economic performance ; The effects of violence on economic growth ; Institutions and policies ; Failure and success : two case studies ; Policy lessons and tips -- 3. Macroeconomic stabilization and dealing with turbulence. A macroeconomic framework ; Fiscal policy : governing under duress ; Monetary policy : dysfunction in a violent world ; Institutions and policies ; Failure and success : two case studies ; Policy lessons and tips -- 4. The global economy : international trade and finance. The balance of payments ; Violence and international trade ; Violence and international finance ; Institutions and policies ; Failure and success : two case studies ; Policy lessons and tips -- 5. Designing and promoting peace. The economics of design ; The social contract and the economics of designing peace ; Third party intervention ; Institutions and policies ; Failure and success : two case studies ; Policy lessons and tips -- Appendix A : Classification of violence and armed actors -- Appendix B : General characteristics of case countries -- Appendix C : Glossary.