ENGLISH

Economic interdependence and war

Book information

Publisher
Princeton University Press
Year
2017
ISBN
9780691161587, 9781400852703, 1400852706
Language
english
Format
PDF
Filesize
5 MB (5012139 bytes)
Series
Princeton studies in international history and politics
Pages
illustrations (black and white)\504
Time added
2020-07-26 19:24:52

Description

Does growing economic interdependence among great powers increase or decrease the chance of conflict and war? Liberals argue that the benefits of trade give states an incentive to stay peaceful. Realists contend that trade compels states to struggle for vital raw materials and markets. Moving beyond the stale liberal-realist debate, this book lays out a dynamic theory of expectations that shows under what specific conditions interstate commerce will reduce or heighten the risk of conflict between nations. Taking a broad look at cases spanning two centuries, from the Napoleonic and Crimean wars to the more recent Cold War crises, the work demonstrates that when leaders have positive expectations of the future trade environment, they want to remain at peace in order to secure the economic benefits that enhance long-term power.

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