Introduction
Economics of Peace and Security is a component of Encyclopedia of Development and Economic Sciences (EOLSS), which is an integrated compendium of twenty one Encyclopedias.
The theme explores the history of economic thought on war and peace, the defense budget process, patterns in military expenditure, procurement issues, the increasing globalization of the arms trade, arms race issues, global and regional security alliances, nuclear, biological, and chemical weaponry, the still much needed peace dividend, the economics of peace agreements, issues of conversion of resources from military to civilian ends, peacekeeping, the building of peacekeeping institutions, and other topics. All this is a "sampler plate" of what economics has to offer.
This volume is aimed at the following five major target audiences: University and College Students Educators, Professional Practitioners, Research Personnel and Policy Analysts, Managers, and Decision Makers, NGOs and GOs.
Editor(s) Biography
James K. Galbraith is Professor at the Lyndon B. Johnson School of Public Affairs and at the Department of Government, the University of Texas at Austin. He is presently national chairman of Economists Allied for Arms Reduction (ECAAR), an international association of professional economists concerned with peace and security issues. He is also a Senior Scholar with the Jerome Levy Economics Institute and Director of the University of Texas Inequality Project. Professor Galbraith holds degrees from Harvard and Yale (Ph.D. in Economics, 1981). He studied economics as a Marshall Scholar at King’s College, Cambridge in 1974–5, and then served on the staff of the US Congress, including as Executive Director of the Joint Economic Committee in 1981–2. He was a guest scholar at the Brookings Institution in 1985. His book, Created Unequal: The Crisis in American Pay, was reissued in paperback in 2000 by the University of Chicago Press. Inequality and Industrial Change: A Global View, co-edited with Maureen Berner, was published in 2001 by Cambridge University Press. Visit the University of Texas Inequality Project (UTIP) website at http://utip.gov.utexas.edu for current research and an archive of published writings, and the ECAAR website at www.ecaar.org for the work of ECAAR.
Jurgen Brauer is professor of economics at Augusta State University’s College of Business Administration (Georgia, USA). He is vice-chair of the board of directors of Economists Allied for Arms Reduction, a USbased group of economists, and serves on the editorial boards of the peer-reviewed journals Defence and Peace Economics (UK) and Nacao e Defesa (Portugal). He is widely published on the economics of military affairs, arms production, arms trade, disarmament, conflict, and peace. He has published several edited books, most recently with Prof. J. Paul Dunne (“Arming the South,” Palgrave, 2002 and “Arms Trade and Economic Development,” Routledge, 2004). Two monographs - on the environmental effects of war and on the economics of military history - are forthcoming.
Lucy Law Webster is Senior Fellow of the Institute for Global Policy and the UN NGO representative of Economists Allied for Arms Reduction (ECAAR) where she is also a member of the Board of Directors. From 1981 to 1995 she worked in various parts of the United Nations secretariat. She was an information consultant in UNICEF, UNDP and UNEP and then Special Assistant to the Secretary General of the Second World Conference to Combat Racism. From 1988 until her UN retirement she was a Political Affairs Officer serving as Assistant Secretary of the First Committee of the General Assembly, as Secretary of the UN Disarmament Commission Working Group on Science and Technology for Disarmament and Development, as Editor of two UN publications concerning disarmament, and as the press and NGO liaison officer for the 1990 and the 1995 NPT Review Conferences. After leaving the UN Secretariat she worked as a staff director of ECAAR. Prior to joining the UN secretariat she worked in international opinion and marketing research based in London England and as an honorary officer of the World Federalist Movement. She has a BA degree in Political Science from Wellesley College, an MSc in International Relations from Long Island University and is currently a student in the Economics Department of the Graduate Faculty of the New School University in New York City.
