Process of Peacemaking and Interdependence
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.
KeywordsManifold Europe Petroleum Transportation Income
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Notes and References
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