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On the Cost of Violence and the Benefit of Peace

  • Jurgen Brauer und John P Dunne
Veröffentlicht/Copyright: 6. Januar 2011

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.

Published Online: 2011-1-6

©2011 Walter de Gruyter GmbH & Co. KG, Berlin/Boston

Heruntergeladen am 26.10.2025 von https://www.degruyterbrill.com/document/doi/10.2202/1554-8597.1209/html
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