Considerable evidence suggests that economic interdependence and integration reduce the likelihood of militarized conflict. However, scholars have devoted remarkably scant attention to testing different explanations of the liberal peace. This article offers an empirical test that can help...

Анализ влияния глобализации как экзогенного фактора на развитие социально-экономических систем чрезвычайно важен для определения места и роли стран в мировом...

This study argues that a subtle shift in the primary independent variable of the commercial peace literature—from trade to free trade—provides an opportunity to respond to the some of the strongest criticisms of this research program. Free trade, and not just trade, promotes peace...

One of the perennial questions in the scientific study of war is how war affects the economy. The authors examine the influence that the political developments within three war regions had on global financial markets (CAC, Dow Jones, FTSE) from 1990 to 2000. They embed a rational expectation...

Countries with open capital markets tend to have fewer militarized disputes and wars. Gartzke, Li & Boehmer propose that this association arises from the enhanced ability of states with open capital markets to credibly signal resolve through the bearing of economic costs ex ante to militarized...

Selectorate theory posits that leader accountability increases with the size of the winning coalition. Recent research contends that capitalism also increases leader accountability because leaders are more dependent on the public for revenue in more capitalist economies. The authors argue that...

The design of current regional economic organizations (REOs) is remarkably diverse. Some REOs address numerous economic issues, while others have only limited mandates. Some REOs have an independent bureaucracy and a legalized dispute settlement mechanism (DSM), while others do not. What...

The USA appears increasingly concerned that its security is being threatened by the increasing role of energy suppliers in the Middle East and Russia, and rapidly rising energy consumers such as China. The USA also faces the challenge of its role in reducing global greenhouse gas emissions. In...

Central America has received growing attention as a region that is integrating successfully into the global economy. This paper examines—among other things—the macroeconomic and fiscal implications of the Free Trade Agreement with the United States (CAFTA-DR), noting that the...