Conflict economies cannot be approached in isolation but must instead be contextualised socially and historically. These economies did not emerge in vacuum, but are part and parcel of the history of people and place. This book explores the informal and illicit extraction and trade of minerals and other types of natural resources that takes place in the 'borderlands' during periods of conflict. This type of extraction and marketing, often referred to as ‘conflict trade’ depends on a weak state, and works alongside the structures of the state and its officials. The book emphasises that conflicts do not start as competition over natural resources and in turn suggests that the integration of the extraction and marketing of natural resources only starts once fighting is well under way. Boas argues that although economic agendas are an integral part of African conflicts, the desire to accumulate is not the only motivation. Thus, in order to present a more comprehensive analysis of conflict we need to take into account political, cultural, and historical factors, in addition to the economic dimensions of conflict. This book will be of very strong interest to students and scholars of political economy, conflict studies, international relations and development.

Provides comprehensive, up-to-date coverage of the key themes and principles of conflict economics.

This book explores one of the most important current topics in international relations: whether trade diminishes or enhances conflict. Mark J. C. Crescenzi adopts an original perspective, arguing that the 'exit costs' confronting states - how hard it would be for them to replace the trade they are threatening to cut - determines the credibility of the threat and the effect of such trade on the likelihood of political conflict.

Conflict economics contributes to an understanding of violent conflict in two important ways. First, it applies economic analysis to diverse conflict activities such as war, arms races, and terrorism, showing how they can be understood as purposeful choices responsive to underlying incentives. Second, it treats appropriation as a fundamental economic activity, joining production and exchange as a means of wealth acquisition. Drawing on a half-century of scholarship, this book presents a primer on the key themes and principles of conflict economics. Although much work in the field is abstract, the book is made accessible to a broad audience of scholars, students and policymakers by relying on historical data, relatively simple graphs and intuitive narratives. In exploring the interdependence of economics and conflict, the book presents current perspectives of conflict economics in novel ways and offers new insights into economic aspects of violence.

The Handbook on the Economics of Conflict conveys how economics can contribute to the understanding of conflict in its various dimensions embracing world wars, regional conflicts, terrorism and the role of peacekeeping in conflict prevention. The economics of conflict is a relatively new branch of the discipline of economics. Conflict provides opportunities for applying game theory involving strategic behaviour, interactions and interdependence betweenadversaries. The Handbook demonstrates that conflict and its prevention is costly; it considers new dimensions such as ethnic cleansing, destructive power, terrorism, corruption, the impact of new technology, peacekeeping, the role of economists in defence ministries and the use of privatecontractors in conflict.

The second edition of The Political Economy of Iraq is as comprehensive and accessible as the first with updated data and analysis. Frank R. Gunter discusses in detail how the convergence of the ISIS insurgency, collapse in oil prices, and massive youth unemployment produced a serious political crisis in 2020. This work ends with a discussion of key policy decisions that will determine Iraq’s future. This volume will be a valuable resource for anyone with a professional, business, or academic interest in the post-2003 political economy of Iraq.

The Handbook on the Political Economy of War highlights and explores important research questions and discusses the core elements of the political economy of war.