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Markets and Conflict
Economics of War and Peace
- 1st Edition - April 8, 2024
- Authors: William R. Patterson, Daniel W Kuthy
- Language: English
- Paperback ISBN:9 7 8 - 0 - 3 2 3 - 8 5 5 2 5 - 9
- eBook ISBN:9 7 8 - 0 - 3 2 3 - 8 5 5 2 6 - 6
Markets and Conflict: Economics of War and Peace explores the causes, impacts, and linkages of contemporary geopolitics, markets, and conflict along with their economic impacts on… Read more
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Request a sales quoteMarkets and Conflict: Economics of War and Peace explores the causes, impacts, and linkages of contemporary geopolitics, markets, and conflict along with their economic impacts on all stakeholders. It compiles the most current research and insights about market behaviours during conflicts of different types and severity, detailing how markets actually respond and what readers can do to implement a proactive early-response strategy. Today’s international “order” is one characterized by instability and pervasive danger. Russia’s invasion of Ukraine, escalating tension over the status of Taiwan, frozen and active civil wars across dozens of countries, and continued turmoil in the Middle East, including in Syria, Yemen, and Israel, are only some examples of ongoing or potential conflicts. Major and minor armed conflicts flare up or threaten to do so on a continual basis. Market responses to this instability are often irrational and shortsighted. Fear induces volatility in markets, based on panicked efforts to protect individual interests. Markets and Conflict: Economics of War and Peace presents a comprehensive understanding of conflict and market dynamics to enable market participants to make informed judgments. Additionally, it provides lessons related to macro-level dynamics useful to governments and policy analysts.
- Compiles and analyzes extant literature on how confl ict and markets interact
- Offers strategies to ease or prevent the effects of confl ict
- Utilizes a well-structured, clearly written, comprehensive, multidisciplinary approach
- Presents self-contained chapters each with conceptual overviews and defi nitions
Academic researchers, scholars, postgraduates. Practitioners such as policy analysts, market analysts, investors, consultants
- Cover image
- Title page
- Table of Contents
- Copyright
- Acknowledgments
- Chapter 1 Introduction
- Abstract
- References
- Chapter 2 Equity markets
- Abstract
- Introduction
- Equity markets and conflict
- Strategies to prepare for conflict
- Conclusion
- References
- Chapter 3 Energy markets
- Abstract
- Introduction
- Basics of the oil and gas markets
- Production and distribution logistics and international relations
- Criminal violence, terrorism, and civil wars
- International conflict and oil
- Conflict, the price of oil, and the search for energy independence
- Petrostates
- Conclusions
- References
- Chapter 4 Agricultural markets
- Abstract
- Introduction
- Agricultural markets
- Agriculture and conflict
- Agriculture postconflict
- Conclusions
- References
- Chapter 5 Industrial markets
- Abstract
- Wars and production
- Increased demand for military and nonmilitary items
- Shift in government spending priorities
- Supply chain disruptions
- Conflict and capital flight
- Capital input and economic development
- Innovation and war
- Industry after war
- Civil wars and industrial markets
- World War II as a case study
- Russian invasion of Ukraine as a case study
- Conclusion
- References
- Chapter 6 Trade and currency
- Abstract
- Currency value and modern markets
- Modern trade
- Barriers to trade
- Trade, economic interdependence, peace, and war
- War and trade
- Sanctions and war
- Trade wars
- Currency during war
- Civil wars and trade
- Civil wars and currency
- Case study: Trade and currency wars of the 1930s
- Case study: Russia's invasion of Ukraine
- Conclusion
- References
- Chapter 7 Military contracting
- Abstract
- History of mercenaries and military contractors
- Defining private military actors
- The modern growth of military contractors
- Military contractors as a market
- Military contractors: Flexibility and entrenchment
- Military industrial complex
- War and defense companies
- Military service providers
- PMSCs, human rights, and regulation
- Military contractors in the US wars in Iraq and Afghanistan
- Wagner Group
- Conclusions
- References
- Chapter 8 Natural resources
- Abstract
- Historical relationship between resources and war
- Basics of commodity markets
- Material prices in war
- Investment in raw material production and extraction
- Resources and civil wars
- Terrorism and natural resources
- World War II as a case study
- Russian invasion of Ukraine as a case study
- Conclusions
- References
- Chapter 9 Conclusion
- Abstract
- Index
- No. of pages: 254
- Language: English
- Edition: 1
- Published: April 8, 2024
- Imprint: Elsevier
- Paperback ISBN: 9780323855259
- eBook ISBN: 9780323855266
WP
William R. Patterson
William Patterson holds a PhD in International Studies from Old Dominion University. His areas of research interest include international conflict and counterinsurgency. He is author of the book Democratic Counterinsurgents and has published more than twenty articles in academic journals.
Affiliations and expertise
Independent Scholar.DK
Daniel W Kuthy
Daniel Kuthy is Associate Professor of Political Science at Brescia University in Owensboro, Kentucky, USA. He holds a PhD in Political Science from Georgia State University, an MA in International Studies from Old Dominion University, and a BA in Foreign Affairs from the University of Virginia. His areas of study include international conflict, democracy, and political economy.
Affiliations and expertise
Associate Professor of Political Science at Brescia University in Owensboro, Kentucky, USA.