IDEAS home Printed from https://ideas.repec.org/p/uwe/wpaper/1011.html
   My bibliography  Save this paper

On the Cost of Violence and the Benefits of Peace

Author

Listed:
  • Jurgen Brauer

    (Augusta State University and Chulalongkorn University)

  • J Paul Dunne

    (University of the West of England and University of Cape Town)

Abstract

Wars can be immensely damaging to economies, and they can leave long-lasting scars on society. What are considered to be postwar or postviolence situations can see ongoing nonwar political, domestic, and criminal violence, with war economies not ending with the formal cessation of hostilities. Unarmed violence can have important effects and even forms of nonviolent conflict can carry substantial, measurable economic consequences. Surprisingly little substantive economics work on the subject is done particularly work that would deal with the possible paths countries can take from crises and there seems to exist an unfortunate lack of understanding among economists of the complexities of war and violence and its impact on economy and society, leaving a sometimes unrecognized legacy of violence and loss. This essay deals with some of the issues involved.

Suggested Citation

  • Jurgen Brauer & J Paul Dunne, 2010. "On the Cost of Violence and the Benefits of Peace," Working Papers 1011, Department of Accounting, Economics and Finance, Bristol Business School, University of the West of England, Bristol.
    • Handle: RePEc:uwe:wpaper:1011
    as

    Download full text from publisher

    File URL: http://carecon.org.uk/DPs/1011.pdf
    File Function: First version, 2010
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Olaf J. de Groot & Tilman Brück & Carlos Bozzoli, 2009. "How Many Bucks in a Bang: On the Estimation of the Economic Costs of Conflict," Economics of Security Working Paper Series 21, DIW Berlin, German Institute for Economic Research.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Olaf J. de Groot, 2012. "Analyzing the costs of military engagement," Economics of Peace and Security Journal, EPS Publishing, vol. 7(2), pages 41-49, July.
    2. Bluszcz, Julia & Valente, Marica, 2020. "The Economic Costs of Hybrid Wars: The Case of Ukraine," EconStor Open Access Articles, ZBW - Leibniz Information Centre for Economics, pages 1-25.
    3. Hamid E. Ali, 2013. "Estimate of The Economic Cost of Armed Conflict: A Case Study From Darfur," Defence and Peace Economics, Taylor & Francis Journals, vol. 24(6), pages 503-519, December.
    4. Gokmen, Gunes & Yakovlev, Evgeny, 2018. "War and well-being in transition: Evidence from two natural experiments," Journal of Comparative Economics, Elsevier, vol. 46(3), pages 788-799.
    5. Gunes Gokmen & Evgeny Yakovlev, 2017. "War and Well-Being in Transition: Russo-Georgian Conflict as a Natural Experiment," Working Papers w0243, Center for Economic and Financial Research (CEFIR).
    6. Vincenzo Bove & Leandro Eliay & Ron P Smith, 2014. "The relationship between panel and synthetic control estimators of the effect of civil war," BCAM Working Papers 1406, Birkbeck Centre for Applied Macroeconomics.
    7. Michael Brzoska & Raphael Bossong & Eric van Um, 2011. "Security Economics in the European Context: Implications of the EUSECON Project," Economics of Security Working Paper Series 58, DIW Berlin, German Institute for Economic Research.
    8. Bove Vincenzo & Elia Leandro, 2014. "The impact of American and British involvement in Afghanistan and Iraq on health spending, military spending and economic growth," The B.E. Journal of Macroeconomics, De Gruyter, vol. 14(1), pages 1-15, January.
    9. Brauer Jurgen & Dunne John P, 2011. "On the Cost of Violence and the Benefit of Peace," Peace Economics, Peace Science, and Public Policy, De Gruyter, vol. 16(2), pages 1-12, January.
    10. McDougal, Topher L., 2017. "The Political Economy of Rural-Urban Conflict: Predation, Production, and Peripheries," OUP Catalogue, Oxford University Press, number 9780198792598.

    More about this item

    Keywords

    Macroeconomics; violence; costs and benefits; peace; conflict-affected states;
    All these keywords.

    JEL classification:

    • H56 - Public Economics - - National Government Expenditures and Related Policies - - - National Security and War
    • O51 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - U.S.; Canada
    • E6 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:uwe:wpaper:1011. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: . General contact details of provider: https://edirc.repec.org/data/seuweuk.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Felix Ritchie (email available below). General contact details of provider: https://edirc.repec.org/data/seuweuk.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.