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On the Nature of Peace Economics

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  • Caruso Raul

    (Università Cattolica del Sacro Cuore, Istituto di Politica Economica, raul.caruso@unicatt.it)

Abstract

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.

Suggested Citation

  • Caruso Raul, 2011. "On the Nature of Peace Economics," Peace Economics, Peace Science, and Public Policy, De Gruyter, vol. 16(2), pages 1-13, January.
    • Handle: RePEc:bpj:pepspp:v:16:y:2011:i:2:n:2
    DOI: 10.2202/1554-8597.1216
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    2. Raul Caruso & Prabin Khadka & Ilaria Petrarca & Roberto Ricciuti, 2017. "The economic impact of peacekeeping. Evidence from South Sudan," Defence and Peace Economics, Taylor & Francis Journals, vol. 28(2), pages 250-270, March.
    3. Raul Caruso, 2015. "Beyond deterrence and decline. Towards a general understanding of peace economics," Rivista Internazionale di Scienze Sociali, Vita e Pensiero, Pubblicazioni dell'Universita' Cattolica del Sacro Cuore, vol. 123(1), pages 57-74.
    4. Azis Iwan J, 2011. "Endogenous Institution in Decentralization," Peace Economics, Peace Science, and Public Policy, De Gruyter, vol. 16(2), pages 1-18, May.
    5. Lin Scott Y. & Seiglie Carlos, 2014. "Same Evidences, Different Interpretations – A Comparison of the Conflict Index between the Interstate Dyadic Events Data and Militarized Interstate Disputes Data in Peace-Conflict Models," Peace Economics, Peace Science, and Public Policy, De Gruyter, vol. 20(2), pages 347-372, April.
    6. Christos Kollias & Suzanna-Maria Paleologou, 2017. "The Globalization and Peace Nexus: Findings Using Two Composite Indices," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 131(3), pages 871-885, April.
    7. Bo Chen & Chatterji Manas, 2014. "Advances in Peace Economics and Peace Science: Introduction," Peace Economics, Peace Science, and Public Policy, De Gruyter, vol. 20(3), pages 373-376, August.
    8. Arvanitidis Paschalis A. & Kyriazis Nicholas C., 2013. "Democracy and Public Choice in Classical Athens," Peace Economics, Peace Science, and Public Policy, De Gruyter, vol. 19(2), pages 213-248, August.
    9. Cárdenas Juan Camilo & Casas-Casas Andrés & Méndez Nathalie Méndez, 2014. "The Hidden Face of Justice: Fairness, Discrimination and Distribution in Transitional Justice Processes," Peace Economics, Peace Science, and Public Policy, De Gruyter, vol. 20(1), pages 33-60, January.
    10. Mehrdad Vahabi, 2012. "Avant-Propos," Revue d'économie politique, Dalloz, vol. 122(2), pages 135-151.
    11. Caruso, Raul & Di Domizio, Marco, 2013. "International hostility and aggressiveness on the soccer pitch Evidence from European Championships and World Cups for the period 2000-2012," MPRA Paper 50099, University Library of Munich, Germany.
    12. Raul Caruso, 2015. "Identity and Incentives an Economic Interpretation of the Holocaust," DISCE - Quaderni del Dipartimento di Politica Economica ispe0072, Università Cattolica del Sacro Cuore, Dipartimenti e Istituti di Scienze Economiche (DISCE).

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