Process of Peacemaking and Interdependence

  • Ruth Arad
  • Seev Hirsch
  • Alfred Tovias
Part of the Trade Policy Research Centre book series


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.


World Politics Military Power International Transaction Economic Transaction Interdependent Relationship 
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Notes and References

  1. 2.
    Kenneth E. Boulding, The Economy of Love and Fear: a Preface to Grants Economics (Belmont, California: Wadsworth, 1973).Google Scholar
  2. 3.
    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).CrossRefGoogle Scholar
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    See Anatol Rapoport, ‘Prisoner’s Dilemma: Recollections and Observations’, in Rapoport (ed.), Game Theory as a Theory of Conflict (Dordrecht, Holland: Reidel, 1974).CrossRefGoogle Scholar
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    Richard N. Cooper, ‘Trade Policy is Foreign Policy’, Foreign Policy New York, Winter 1972–73.Google Scholar
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    E. H. Carr, The Twenty Years’ Crisis, 1919–1939, 2nd ed. (New York: Harper & Row, 1964) p. 53 (first edition published in 1939).Google Scholar
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    Hans J. Morgenthau, Politics Among Nations: the Struggle for Power and Peace, 5th ed. (New York: A.A. Knopf, 1973).Google Scholar
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    Lester R. Brown, World Without Borders (New York: Random House, 1972).Google Scholar
  8. 16.
    Kindleberger, American Business Abroad (New Haven: Yale University Press, 1969) p. 207.Google Scholar
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    Robert O. Keohane and Joseph S. Nye, Power and Interdependence (Boston: Little, Brown, 1977) pp. 3–4.Google Scholar
  10. 21.
    Raymond Vernon, Sovereignty at Bay (New York: Basic Books, 1971).Google Scholar
  11. 24.
    James A. Caporaso, ‘Introduction’, International Organization, Boston, Special issue, Winter 1978, pp. 1–12.Google Scholar
  12. 30.
    Havelock R. Brewster, ‘Economic Dependence: a Quantitative Interpretation’, Social and Economic Studies, March 1973, p. 91.Google Scholar
  13. 32.
    Fernando H. Cardoso, ‘Associated Development’, in A. Stepan (ed.), Authoritarian Brazil: Policies and Futures (New Haven: Yale University Press, 1973) p. 163.Google Scholar

Copyright information

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

Authors and Affiliations

  • Ruth Arad
    • 1
  • Seev Hirsch
    • 1
  • Alfred Tovias
    • 2
  1. 1.Leon Recanati Graduate School of Business AdministrationTel Aviv UniversityIsrael
  2. 2.Hebrew UniversityJerusalemIsrael

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