Markets and Conflict: Economics of War and Peace

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William R. Patterson (Independent Scholar.) Daniel W Kuthy (Associate Professor of Political Science at Brescia University in Owensboro, Kentucky, USA.)

Markets and Conflict

Economics of War and Peace

William R. Patterson (Independent Scholar.), Daniel W Kuthy (Associate Professor of Political Science at Brescia University in Owensboro, Kentucky, USA.)

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English

Elsevier - Health Sciences Division
01 June 2024

Economic growth

Series: Perspectives in Behavioral Economics and the Economics of Behavior

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 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.

By: William R. Patterson (Independent Scholar.), Daniel W Kuthy (Associate Professor of Political Science at Brescia University in Owensboro, Kentucky, USA.)
Imprint: Elsevier - Health Sciences Division
Country of Publication: United States
Dimensions: Height: 229mm, Width: 152mm,
Weight: 350g
ISBN: 9780323855259
ISBN 10: 0323855253
Series: Perspectives in Behavioral Economics and the Economics of Behavior
Pages: 254
Publication Date: 01 June 2024
Audience: Professional and scholarly , Undergraduate
Format: Paperback
Publisher's Status: Active

Introduction Equity markets Energy markets Agricultural markets Industrial markets Trade and currency in conflict Military contracting Resource management Conclusion

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. 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.

Reviews for Markets and Conflict: Economics of War and Peace

""Explores how war, terrorism, and other forms of armed combat interact with various markets and market dynamics during conflict.... Describes the fundamentals of agricultural markets, how agriculture can cause conflict, and the effect that conflict can have on agricultural production. Analyzes industrial markets and the effects that conflict may have on them.... Details the historical and modern relationship between resources and war and how wars affect material prices and extraction."" --September 2024 Issue, Journal of Economic Literature (Volume 62, no. 3)