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University of Central Florida

2015

Economic costs of war

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Full-Text Articles in Political Science

How Much Is That War In The Window? An Investigation Into The Costs Of War, Spencer Miller Jan 2015

How Much Is That War In The Window? An Investigation Into The Costs Of War, Spencer Miller

Electronic Theses and Dissertations

This thesis examines the effects of war on a state's economy. The Liberal Theory of international relations maintains that there are costs to war in terms of trade; in line with this argument, many researchers have suggested that trading partners are less likely to war with each other out of a fear of disrupting their trade, which would in turn disrupt their economies. Due to issues of elasticity and substitution, however, overall trade may not significantly decline during war. Additionally, there are known economic costs of war, such as debt. If war truly does have costs, then, it must ...