An expansive investigation of the efficacy of trade agreements, economic sanctions, and other economic strategies for promoting peace

In Peacemaking from Above, Peace from Below, Norrin M. Ripsman explains how regional rivals make peace and how outside actors can encourage regional peacemaking. Through a qualitative empirical analysis of all the regional rivalries that terminated in peace treaties in the twentieth century—including detailed case studies of the Franco-German, Egyptian-Israeli, and Israeli-Jordanian peace settlements—Ripsman concludes that efforts to encourage peacemaking that focus on changing the attitudes of the rival societies or democratizing the rival polities to enable societal input into security policy are unlikely to achieve peace.Prior to a peace treaty, he finds, peacemaking is driven by states, often against intense societal opposition, for geostrategic reasons or to preserve domestic power. After a formal treaty has been concluded, the stability of peace depends on societal buy-in through mechanisms such as bilateral economic interdependence, democratization of former rivals, cooperative regional institutions, and transfers of population or territory. Society is largely irrelevant to the first stage but is critical to the second. He draws from this analysis a lesson for contemporary policy. Western governments and international organizations have invested heavily in efforts to promote Israeli-Palestinian and Indo-Pakistani peace by promoting democratic values, economic exchanges, and cultural contacts between the opponents. Such attempts to foster peace are likely to waste resources until such time as formal peace treaties are concluded between longtime adversaries.

Much attention has focused on the ongoing role of economics in the prevention of armed conflict and the deterioration of relations. In The Political Economy of Transitions to Peace, Galia Press-Barnathan focuses on the importance of economics in initiating and sustaining peaceful relations after conflict.Press-Barnathan provides in-depth case studies of several key relationships in the post-World War II era: Israel and Egypt; Israel and Jordan; Japan, the Philippines, and Indonesia; Japan and South Korea; Germany and France; and Germany and Poland. She creates an analytical framework through which to view each of these cases based on three factors: the domestic balance between winners and losers from transition to peace; the economic disparity between former enemies; and the impact of third parties on stimulating new cooperative economic initiatives. Her approach provides both a regional and cross-regional comparative analysis of the degree of success in maintaining and advancing peace, of the challenges faced by many nations in negotiating peace after conflict, and of the unique role of economic factors in this highly political process. Press-Barnathan employs both liberal and realist theory to examine the motivations of these states and the societies they represent. She also weighs their power relations to see how these factor into economic interdependence and the peace process. She reveals the predominant role of the state and big business in the initial transition phase ("cold" peace), but also identifies an equally vital need for a subsequent broader societal coalition in the second, normalizing phase ("warm" peace). Both levels of engagement, Press-Barnathan argues, are essential to a durable peace. Finally, she points to the complex role that third parties can play in these transitions, and the limited long-term impact of direct economic side-payments to the parties.

The book provides critical perspectives that reach beyond the technical approaches of international financial institutions and proponents of the liberal peace formula. It investigates political economies characterized by the legacies of disruption to production and exchange, by population displacement, poverty, and by 'criminality'.

In The Political Economy of Regional Peacemaking, scholars examine the efficacy of trade agreements, economic sanctions, and other strategies of economic statecraft for the promotion of peace both between rival states and across conflict-ridden regions more generally. In the introduction, Steven E. Lobell and Norrin M. Ripsman pose five central questions: (1) What types of economic statecraft, including incentives and sanctions, can interested parties employ? (2) Who are the appropriate targets in the rival states—state leaders, economic and social elites, or society as whole? (3) When should specific economic instruments be used to promote peace—prior to negotiations, during negotiations, after signature of the treaty, or during implementation of the treaty? (4) What are the limits and risks of economic statecraft and economic interdependence? (5) How can economic statecraft be used to move from a bilateral peace agreement to regional peace? The chapters that follow are grouped in three sections, corresponding to the three stages of peacemaking: reduction or management of regional conflict; peacemaking or progress toward a peace treaty; and maintenance of bilateral peace and the regionalization of the peace settlement. In each chapter, the contributors consider the five key questions from a variety of methodological, historical, cultural, and empirical perspectives, drawing data from the Pacific, the Middle East, Europe, Asia, and Latin America. The conclusion expands on several themes found in the chapters and proposes an agenda for future research.

This book focuses on the economic dimensions of peace processes and examines the opportunities and constraints for assisting negotiated exits out of conflict. Various works have addressed the economic characteristics and consequences of armed conflicts over the past two decades, including issues such as ‘blood diamonds’, natural resource wars, economically motivated armed violence, self-financing conflict, or the complicity of companies and state elites in conflict economies. However, rather than treating these issues as obstacles for peace, this book explores whether they can be opportunities for peacemaking by adopting a political-economy perspective. The book looks at income sharing from natural resources as an opportunity for forward-looking peacemaking strategies, and the implications of deal-making in situations in which war economies and insecurity provide strongmen with disproportionate political and economic power. The book also highlights that peace processes are not necessarily about the rectification of a conflict’s ‘root causes’, but rather about what matters most to the main stakeholders at the moment when a peace process starts taking shape. Finally, efforts to establish a lasting peace need to go beyond the traditional set of actors associated with peace processes. The strategic involvement of donor agencies, companies, and diaspora communities can strengthen forward-looking peace processes. The book will help both student and practitioner audiences to better understand armed conflicts and their belligerents, optimize the planning and management of peace initiatives, and shape expectations in peace agreements. It will be of much interest to students of peacebuilding, conflict studies, development studies, International Political Economy and International Relations in general.

Looking beyond and beneath the macro level, this book examines the processes and outcomes of the interaction of economic reforms and socio-economic peacebuilding programmes with, and international interventions in, people’s lived realities in conflict-affected societies. The contributions argue that disregarding socio-economic aspects of peace and how they relate to the everyday leaves a vacuum in the understanding of the formation of post-conflict economies. To address this gap, the book outlines and deploys the concept of ‘post-conflict economy formation’. This is a multifaceted phenomenon, including both formal and informal processes that occur in the post-conflict period and contribute to the introduction, adjustment, or abolition of economic practices, institutions, and rules that inform the transformation of the socio-economic fabric of the society. The contributions engage with existing statebuilding and peacebuilding debates, while bringing in critical political economy perspectives. Specifically, they analyse processes of post-conflict economy formation and the navigation between livelihood needs; local translations of the liberal hegemonic order; and different, sparse manifestations of welfare states. The book concludes that a sustainable peace requires the formation of peace economies: economies that work towards reducing structural inequalities and grievances of the (pre-)conflict period, as well as addressing the livelihood concerns of citizens. This book was originally published as a special issue of Civil Wars.