Growth, Import Dependence, and War

Theories of war predict that the leader may launch a war on a follower who is catching up, since the follower cannot commit to not use their increased power in the future. But it was Japan who attacked the West in 1941: both leaders and followers start wars. Similarly, many have argued that trade makes war less likely, yet the First World War erupted at a time of unprecedented globalisation. We develop a model of trade and war that can explain both observations. Dependence on imports can lead followers to attack leaders or resource-rich regions when they are subject to blockade

China · Commit · Development economics · Economics · Economy · Globalization · International trade · Market economy · Political economy · Political science · Power (physics · Trade war · Economic and Technological Innovation · Global trade and economics · International Development and Aid · Law

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