Economic interdependence is a major cause of peace and stability bilaterally, regionally and internationally. Since the end of World War II, states have sought mergers both regionally and internationally in search for lasting peace and stability in their countries. Democracy would reduce the incidences of international conflicts (Lukas, 52-54). Underscoring the need for neighborhood and international interlink, states consider direct liaises with others as a source of immediate guideline and subsequent availability of economic products necessary for their growth and development (Charles & Eugene, 61-62).
Acting to solidify the people's demands for transport, employment and using one voice in marketing their products and negotiating for their goods and services with ease it has been possible to achieve high level of economic, political and social satisfaction. Richard (36) argues that economic interdependence denotes integration between states and nations mostly in the same geographic regions. However, they may also be in different geographical connotations and are strongly economic derived.
With trade being the core of the interdependence concept, major auxiliaries that sometimes supersede the main concept like peace and stability are reaped (Cameron, 105-106). Peace and stability on the other hand is the consideration that indicates direct ability of a country to uphold high levels of immediate democracy, improved production, reduced internal, inter boarder and international conflicts as well as high level capacity to address natural disasters at different times.
This paper gives a critical analysis of the economic interdependence as a major precursor for peace and stability in various countries and regions. Using global examples to substantiate the thesis, the paper explores both sides of the claims to bring out the argument. Examining the past, present and projecting to possible future trends, the paper compares states with effective economic integration with those that do not and their immediate peace and stability conditions.
Using economic and peace based theoretical considerations the paper derives a conclusion with specific recommendations to assist different countries reap maximum peace and stability. Overview and historical background Cameron (451-453) argues that during prehistoric periods, most of the empires were acquired via armed conflicts where stronger monarchies shared the resources of the weaker kingdoms. Most scholars argue that the success of a system was dependent on the leader’s perception and conflicts were considered as part of the minor shenanigans necessary to establish the best and strongest kingdoms.
However, Cameron (463) denotes that since the onset of industrial revolution in the world, states have sought to interlink with others for mutual economic gains. However, interdependence at this period was purely trade based with the people from different states having no other ties attached to them. These relations was were very fragile with some states using trade to asses the states they would invade next to lay hands on their economic resources.
Besides, they never gave different states and kingdoms enough and effective platform for negotiating their stands and therefore delineating the correct platforms for such operations. However, economic interdependence as an intrinsic derivative of states to mutually relate in a long term consideration necessary for extended peace has widely been seen as an initiative of the 19th century (Ronald, 302-306). This has been owed to the massive advancement in technology which has allowed commerce to take place between different states and long distances with ease.
Arguably most of the states conflict on the basis of resources especially those located at the boarder regions. Therefore, supply of similar or alternative products has invoked stronger demands for logical considerations necessary employment of better means to resolve disputes (Cameron, 319-321). Use of economic integrations as direct tools for conflict intervention and peace restoration was coined much later with the direct jurisdictions of interference for sovereign states in quest for peace being still in jeopardy.
Currently, the role of economic integration especially in the American and European states forms a direct mirror for gouging and possibly establishing similar interlinks with equal or larger magnitudes. Statistics on economic interdependence Since the end of the World War II according to Ronald (309-310), over 500 economic integrations have been established globally. However, most of these interdependences were point specific on different products and/ or services which these countries entirely depended on.
By mid 20th century, 60% of the integrations established by then had no mandate to intervene in different aspects apart from the stated objective of trade. However, economic historians note carefully that there were reduced conflicts between the interdependent states. Edward. & Mansfield (58-61) argues that though over 90% of the current economic interdependences in the world have strong direct or indirect historical delineations, they have been holistically modified to reflect the current demands of a harmonic and peaceful coexistence.
Peace sustenance and conflict resolution forms a key objective for most of the economic interdependences globally. Stronger and larger economic interdependences like European Union (EU) and African Union (AU) have participated in most of the worst conflict resolutions in the world. Over 75% of the major internal and external conflicts in different states globally, indicate poor cohesion and interactivity with immediate neighboring states or others outside their regions.
However, some countries involved in direct but hidden economic interdependence acts to accelerate internal and external conflicts. Such has been the case with Somali land, Democratic Republic of Congo and Sierra Leone (Lukas, 65-68). Though differences have arisen depending on the direct interest of the member states, a common consensus that collaboration reference for conflict intervention by bilateral or regions amalgams have been stronger compared to single state.
According to Erickson & Kochevic (103-104), most of the economists predict that global conflict will continue to reduce due to the direct availability of human supplies availed to their homes courtesy of globalization. However, Yorke and Richardson (105-107) note that the current interdependence is destined to last for a limited period if time which has been tied to accessibility of consumer considerations. According to Yorke and Richardson, the current harmony will cease with demand for power, control, supremacy, and demand for more independence which will ignite possible stronger and even more harmful conflicts on the globe.