Economic interdependence reduces likelihood of war: trade not invade

Economic interdependence reduces the likelihood of war by increasing the value of trading over the alternative of aggression: interdependent states would rather trade than invade. As long as high levels of interdependence can be maintained, liberals assert, we have reason for optimism.

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Themes & Theories in International Relations
3. Liberalism, democracy, intervention
B. Neo-liberalism
Integration
Economic interdependence reduces likelihood of war: trade not invade
Focus on economic, political & ‘soft’ power as well as military power
Industrial modernisation = growth in transnational relations
Interdependence fosters peace as long as states expect high trade
Mutual interests: possibility and necessity of collective action
Graph of this discussion
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