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Process of Peacemaking and Interdependence

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Abstract

The term ‘economics of peacemaking’ can mean different things to different people. It could refer to the economic constraints faced by the belligerents and to the economic reasons which impel them to seek peace. It has indeed been suggested that Egypt’s and Israel’s economic predicament contributed to Anwar Sadat’s and Prime Minister Menachem Begin’s decision to move in the direction of peace. The economic burden of carrying on with the war had been enormous for both countries and the expectation of continuously mounting defence outlays was one of the factors which persuaded their leaders to seek a political resolution of their conflict.

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Notes and References

  1. Kenneth E. Boulding, The Economy of Love and Fear: a Preface to Grants Economics (Belmont, California: Wadsworth, 1973).

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  2. John Maynard Keynes, The Economic Consequences of the Peace reprinted edition (London:Macmillan, 1971; and New York: St Martin’s Press, 1971) p. xi (first edition printed in 1921).

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  3. See Anatol Rapoport, ‘Prisoner’s Dilemma: Recollections and Observations’, in Rapoport (ed.), Game Theory as a Theory of Conflict (Dordrecht, Holland: Reidel, 1974).

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  4. Richard N. Cooper, ‘Trade Policy is Foreign Policy’, Foreign Policy New York, Winter 1972–73.

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  5. E. H. Carr, The Twenty Years’ Crisis, 1919–1939, 2nd ed. (New York: Harper & Row, 1964) p. 53 (first edition published in 1939).

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  6. Hans J. Morgenthau, Politics Among Nations: the Struggle for Power and Peace, 5th ed. (New York: A.A. Knopf, 1973).

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  7. Lester R. Brown, World Without Borders (New York: Random House, 1972).

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  9. Robert O. Keohane and Joseph S. Nye, Power and Interdependence (Boston: Little, Brown, 1977) pp. 3–4.

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  10. Raymond Vernon, Sovereignty at Bay (New York: Basic Books, 1971).

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  11. James A. Caporaso, ‘Introduction’, International Organization, Boston, Special issue, Winter 1978, pp. 1–12.

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  12. Havelock R. Brewster, ‘Economic Dependence: a Quantitative Interpretation’, Social and Economic Studies, March 1973, p. 91.

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  13. Fernando H. Cardoso, ‘Associated Development’, in A. Stepan (ed.), Authoritarian Brazil: Policies and Futures (New Haven: Yale University Press, 1973) p. 163.

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© 1983 Ruth Arad, Seev Hirsch and Alfred Tovias and the Trade Policy Research Centre

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Arad, R., Hirsch, S., Tovias, A. (1983). Process of Peacemaking and Interdependence. In: The Economics of Peacemaking. Trade Policy Research Centre. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-06227-0_1

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