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War and international trade: impact of trade disruption on international trade patterns and economic development

Author

Listed:
  • Oldrich Krpec
  • Vladan Hodulak

Abstract

The disruptions of trade flows due to military conflicts leads to changes in economic structures of countries, to the subsequent changes in trade policies, and to the changes of established trade patterns with impact on position of countries in international trade system. This paper deals with three modern time’s conflicts: Napoleonic Wars, WWI and WWII. We argue that the changes resulting from the disruption of trade flows itself, leads to changes and shifts which are relatively permanent, independent on outcomes of the conflicts for individual countries, and do significantly affect regions which did not take part in the conflict. JEL Classification: F13; F52; N70; O14.

Suggested Citation

  • Oldrich Krpec & Vladan Hodulak, 2019. "War and international trade: impact of trade disruption on international trade patterns and economic development," Brazilian Journal of Political Economy, Center of Political Economy, vol. 39(1), pages 152-172.
    • Handle: RePEc:ekm:repojs:v:39:y:2019:i:1:p:152-172:id:30
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    File URL: https://centrodeeconomiapolitica.org.br/repojs/index.php/journal/article/view/30/25
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    Citations

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    Cited by:

    1. Olalekan C. Okunlola & Olumide A. Ayetigbo & Sam O. Ajiye, 2022. "Does a free market system reduce conflict in Africa?," Journal of Social and Economic Development, Springer;Institute for Social and Economic Change, vol. 24(1), pages 147-170, June.

    More about this item

    Keywords

    Economic history; International trade; Military conflicts; Industrialization; Trade policy;
    All these keywords.

    JEL classification:

    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • F52 - International Economics - - International Relations, National Security, and International Political Economy - - - National Security; Economic Nationalism
    • N70 - Economic History - - Economic History: Transport, International and Domestic Trade, Energy, and Other Services - - - General, International, or Comparative
    • O14 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Industrialization; Manufacturing and Service Industries; Choice of Technology

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