Markets and Conflict

Markets and Conflict: Economics of War and Peace explores the causes, impacts, and linkages of contemporary geopolitics, markets, and conflict along with their economic impacts on all stakeholders. It compiles the most current research and insights about market behaviours during conflicts of different types and severity, detailing how markets actually respond and what readers can do to implement a proactive early-response strategy. Today's international 'order' is one characterized by instability and pervasive danger. Russia's invasion of Ukraine, escalating tension over the status of Taiwan, frozen and active civil wars across dozens of countries, and continued turmoil in the Middle East, including in Syria, Yemen, and Israel, are only some examples of ongoing or potential conflicts. Major and minor armed conflicts flare up or threaten to do so on a continual basis. Market responses to this instability are often irrational and shortsighted. Fear induces volatility in markets, based on panicked efforts to protect individual interests. Markets and Conflict: Economics of War and Peace presents a comprehensive understanding of conflict and market dynamics to enable market participants to make informed judgments. Additionally, it provides lessons related to macro-level dynamics useful to governments and policy analysts. - Compiles and analyzes extant literature on how confl ict and markets interact - Offers strategies to ease or prevent the effects of confl ict - Utilizes a well-structured, clearly written, comprehensive, multidisciplinary approach - Presents self-contained chapters each with conceptual overviews and defi nitions

William Patterson holds a PhD in International Studies from Old Dominion University. His areas of research interest include international conflict and counterinsurgency. He is author of the book Democratic Counterinsurgents and has published more than twenty articles in academic journals.