Economic policies have profound effects on the tensions within and between countries - tensions that can lead to war,” noted economist James K. Boyce, emphasizing how economics can fuel conflicts.
Despite the significant impacts economic triggers have on conflicts, war is typically overlooked in economic studies. James K. Boyce argues that this neglect stems from a narrow view of what constitutes ‘economic’ issues.
Boyce highlights that capitalism often intertwines with conflict, suggesting that the motivations for war can be rooted in economic interests rather than merely geopolitical ones.
In discussing peacebuilding, Boyce emphasizes that economic frameworks can provide valuable insights: 'economics can play a crucial role in helping to establish sustainable peace by recognizing economic motives behind conflict.'
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