On the relative cost of mediation and military intervention
AbstractNoting that the cost of war-prevention is much less than that of war and its aftermath, the article discusses options for a United Nations Institute for Mediation, a U.N. Security Insurance Agency, and an International Security Commission. It suggests that just as in the course of history, humans have abolished a number of institutions we now consider inhuman â€“ cannibalism, ritual sacrifice, slavery, absolute monarchy, and most recently colonialism â€“ it is possible, even likely, that some day war will follow and will be considered as equally abhorrent as we consider cannibalism today.
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Bibliographic InfoArticle provided by Economists for Peace and Security (UK) in its journal Economics of Peace and Security Journal.
Volume (Year): 1 (2006)
Issue (Month): 2 (June)
mediation; peace; intervention;
Find related papers by JEL classification:
- D74 - Microeconomics - - Analysis of Collective Decision-Making - - - Conflict; Conflict Resolution; Alliances
- H56 - Public Economics - - National Government Expenditures and Related Policies - - - National Security and War
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