The Political Economy of Security

The complex and multifaceted relationship between economic factors and conflict.

In this book, Stephen Brooks provides a systematic empirical and theoretical examination of how economic factors influence security affairs. Empirically, he analyses how economic variables of all kinds affect interstate war, terrorism, and civil war; in total, sixteen pathways are examined. Brooks shows that the relationship between economic factors and conflict is complex and multifaceted; discrete economic factors such as international trade, economic development, and globalised manufacturing, to name a few are sometimes helpful for promoting peace and stability, but at other times are detrimental. Brooks also develops a stronger theoretical foundation for guiding future research on the economics-security interaction. Drawing on Adam Smith, he provides a more complete range of answers to the three key conceptual questions analysts must consider: how economic goals relate to security goals; what economic factors to focus on; and how economic actors influence security policies.

Combining an innovative theoretical understanding with empirical rigour, Brooks's account will reshape our understanding of the political economy of security.