TY - JOUR
T1 - On the Nature of Peace Economics
AU - Caruso, Raul
PY - 2010
Y1 - 2010
N2 - The purpose of this paper is to contribute to the definition of “peace economics.” The core of peace economics has to be found in the distribution between productive and unproductive activities. In particular, such a distribution is shaped by the structure of the economy and the distinction between contested and uncontested activities. The positive “side” of peace economics emphasizes the study of conflict, which is interpreted as a strategic destructive interaction between rational agents. The normative “side” of peace economics is the study of economic policies intended to minimize the unproductive components within economies, thereby also reducing the risk of outbreak of actual conflicts. In this respect, peace economics can also contribute to the study of establishment of endogenous institutions, leading to a permanent peaceful development of societies.
AB - The purpose of this paper is to contribute to the definition of “peace economics.” The core of peace economics has to be found in the distribution between productive and unproductive activities. In particular, such a distribution is shaped by the structure of the economy and the distinction between contested and uncontested activities. The positive “side” of peace economics emphasizes the study of conflict, which is interpreted as a strategic destructive interaction between rational agents. The normative “side” of peace economics is the study of economic policies intended to minimize the unproductive components within economies, thereby also reducing the risk of outbreak of actual conflicts. In this respect, peace economics can also contribute to the study of establishment of endogenous institutions, leading to a permanent peaceful development of societies.
KW - conflict
KW - economic development
KW - peace economics
KW - unproductive activities
KW - conflict
KW - economic development
KW - peace economics
KW - unproductive activities
UR - http://hdl.handle.net/10807/12457
UR - http://www.degruyter.com/view/j/peps.2011.16.issue-2/peps.2011.16.2.1216/peps.2011.16.2.1216.xml?format=int
U2 - 10.2202/1554-8597.1216
DO - 10.2202/1554-8597.1216
M3 - Article
SN - 1079-2457
VL - 16
SP - 1
EP - 18
JO - Peace Economics, Peace Science and Public Policy
JF - Peace Economics, Peace Science and Public Policy
ER -