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Civil strife and economic and social policies

Author

Listed:
  • Joseph E. Stiglitz

    (Columbia University)

Abstract

The article compares civil strife in the public arena to labor strikes in the private arena. Both are predicated on incomplete information (both sides believing they can "win," when one – and possibly both – must "lose"). Reasons for conflict, especially in Africa, include the rent-based nature of the economies, the "nothing-much-to-lose" position of many of its participants, the "one-shot" game-theoretic nature of many of its conflicts, and the lack of "voice" of most of its people. The article then draws out six implications for those interested in conflict management and conflict mitigation and comments, for example, on path-dependent irreversibilities of initial policydecisions.

Suggested Citation

  • Joseph E. Stiglitz, 2006. "Civil strife and economic and social policies," Economics of Peace and Security Journal, EPS Publishing, vol. 1(1), pages 6-9, January.
    • Handle: RePEc:epc:journl:v:1:y:2006:i:1:p:6-9
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    File URL: http://www.epsjournal.org.uk/index.php/EPSJ/article/view/12
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    Citations

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    Cited by:

    1. Wim Naudé, 2010. "Entrepreneurship, developing countries, and development economics: new approaches and insights," Small Business Economics, Springer, vol. 34(1), pages 1-12, January.
    2. Boris Urban, 2016. "Empirical Evidence On The Influence Of The Institutional Environment On Venture Innovation Performance In South Africa," Journal of Developmental Entrepreneurship (JDE), World Scientific Publishing Co. Pte. Ltd., vol. 21(02), pages 1-14, June.
    3. Wim Naudé, 2007. "Peace, Prosperity, and Pro-Growth Entrepreneurship," WIDER Working Paper Series DP2007-02, World Institute for Development Economic Research (UNU-WIDER).
    4. Chiara Guglielmetti, 2010. "Measuring the Business Environment for Entrepreneurship in Fragile States," WIDER Working Paper Series wp-2010-014, World Institute for Development Economic Research (UNU-WIDER).

    More about this item

    Keywords

    Conflict; incomplete information;

    JEL classification:

    • D74 - Microeconomics - - Analysis of Collective Decision-Making - - - Conflict; Conflict Resolution; Alliances; Revolutions
    • H56 - Public Economics - - National Government Expenditures and Related Policies - - - National Security and War

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