The Globalization and Peace Nexus: Findings Using Two Composite Indices

Kollias, Christos; Paleologou, Suzanna‐Maria

doi:10.1007/s11205-016-1293-6

Cited by 45 publications

(3 citation statements)

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“…Moreover, it reflects countries' integration in the international system. As already pointed out, the question of whether interdependence encourages states to resolve differences through diplomatic means rather than through conflict, is a theme that has attracted substantial theoretical and empirical attention in the extant literature ( inter alia : Mansury et al., 2023; Gartzke and Lupu, 2012; Hegre et al., 2010; Kollias and Paleologou, 2017; Solarin, 2018).…”

Section: The Indices: a Descriptive Comparative Presentationmentioning

confidence: 99%

“…Albeit not an unchallenged thesis, it has been shown that the openness of the economy and an increased participation in international trade reduce the probability of conflict and also yield domestic benefits via reductions in military spending, with the concomitant welfare effects that decrease internal societal tensions ( inter alia : Solarin, 2018; Seitz et al. , 2015; Huang and Throsby, 2011; Kollias and Paleologou, 2017). In a similar vein, it has been shown that globalization can exert an influence on national democratic governance.…”

Section: The Indices: a Descriptive Comparative Presentationmentioning

confidence: 99%

“…The hypothesized possible empirical association between the KOF and the GMI indices is based on the conflict inhibiting effects of international trade and interdependence that are augmented as a country's integration in the multifaced process of globalization deepens. Albeit not an unchallenged thesis, it has been shown that the openness of the economy and an increased participation in international trade reduce the probability of conflict and also yield domestic benefits via reductions in military spending, with the concomitant welfare effects that decrease internal societal tensions (inter alia: Solarin, 2018;Seitz et al, 2015;Huang and Throsby, 2011;Kollias and Paleologou, 2017). In a similar vein, it has been shown that globalization can exert an influence on national democratic governance.…”

Section: Introductionmentioning

confidence: 99%

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Militarization, globalization and liberal democracy: a nexus?

Kollias¹

2023

REPS

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PurposeUsing composite indices, the paper examines the nexus between militarization, globalization and liberal democracy. The democratic peace theory, the conflict inhibiting effects of international trade – a key and dominant facet of globalization – and the democracy promoting globalization hypothesis form the theoretical underpinnings of the empirical investigation.Design/methodology/approachTo probe into the issue at hand, the paper adopts a dynamic panel VAR estimation procedure. Given the usual data constraints, the sample consists of 113 countries, and the estimations span the period 1995–2019.FindingsThe findings from the dynamic panel VAR estimations suggest the presence of a negative and statistically significant nexus between the level of globalization and the level of militarization. No statistically traceable nexus between globalization and liberal democracy was found.Research limitations/implicationsThe findings offer empirical support to the hypothesis that the strong links of interdependence shaped by globalization reduce the need for military preparedness. The results lead to a tentative inference in favor of the doux commerce thesis. Nonetheless, given that the estimations span a historically specific period – the entire post-bipolar era – the inferences that stem from the findings should be treated with caution.Originality/valueTo the best of the authors’ knowledge, the composite indices Bonn International Centre for Conflict Studies (BICC) militarization index, the globalization index of the Swiss Economic Institute (Konjunkturforschungsstelle) (KOF), LibDem, polyarchy have not hitherto been jointly used in previous studies to examine the nexus between militarization, globalization and liberal democracy.

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