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Growth, Import Dependence and War / Roberto Bonfatti, Kevin Hjortshøj O'Rourke.
- Format:
- Book
- Author/Creator:
- Bonfatti, Roberto.
- Series:
- Working Paper Series (National Bureau of Economic Research) no. w20326.
- NBER working paper series no. w20326
- Language:
- English
- Physical Description:
- 1 online resource: illustrations (black and white);
- Place of Publication:
- Cambridge, Mass. National Bureau of Economic Research 2014.
- Summary:
- Existing theories of pre-emptive war typically predict that the leading country may choose to launch a war on a follower who is catching up, since the follower cannot credibly commit to not use their increased power in the future. But it was Japan who launched a war against the West in 1941, not the West that pre-emptively attacked Japan. Similarly, many have argued that trade makes war less likely, yet World War I erupted at a time of unprecedented globalization. This paper develops a theoretical model of the relationship between trade and war which can help to explain both these observations. Dependence on strategic imports can lead follower nations to launch pre-emptive wars when they are potentially subject to blockade.
- Notes:
- Print version record
- July 2014.
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