On the cost of violence and the benefit of peace

Jurgen Brauer, John P. Dunne

Research output: Contribution to journalArticle

3 Scopus citations

Abstract

Among economists, there seems to exist an unfortunate lack of understanding of the complexities of war and violence and the effects on economy and society. The cost of the 2008/9 world economic and financial crisis, for example, amounted to a world GDP decline of much less than one percent in 2009 - far smaller than the cost that violence imposes. This lack of understanding has created problems in the design of preconflict-, conflict-, and postconflict policies, leaving a sometimes unrecognized legacy of violence and loss. This essay deals with some of the economic issues involved.

Original languageEnglish (US)
Article number6
JournalPeace Economics, Peace Science and Public Policy
Volume16
Issue number2
DOIs
StatePublished - Dec 2010

Keywords

  • peace
  • postconflict
  • violence
  • war

ASJC Scopus subject areas

  • Sociology and Political Science
  • Economics and Econometrics
  • Political Science and International Relations
  • Management, Monitoring, Policy and Law

Fingerprint Dive into the research topics of 'On the cost of violence and the benefit of peace'. Together they form a unique fingerprint.

  • Cite this