The Political Economy of Peace: Liberal Theory of International Relations and Commercial Liberalism Cover Image
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Barışın Ekonomi Politiği: Uluslararası İlişkilerde Liberal Kuram ve Ticari Liberalizm
The Political Economy of Peace: Liberal Theory of International Relations and Commercial Liberalism

Author(s): Mustafa Cüneyt Özşahin
Subject(s): Politics / Political Sciences
Published by: USAK (Uluslararası Stratejik Araştırmalar Kurumu)
Keywords: Liberalism; Conflict; Peace; Trade; Commercial Liberalism; Political Economy

Summary/Abstract: Political economic perspectives have been gaining ground in the discipline of international relations with the rapid economic globalization. The relationship between trade and peace is also one of the controversial debates in political-economy. There is a large body of research that demonstrates that trade reduces the likelihood of conflict. This hypothesis, also called as commercial peace or commercial pacifism in academia, is closely related to commercial liberalism that is one of the key components of liberal theories of international relations. After a survey of the historical evolution of the liberal economic/politic order in world politics, this study presents the main theoretical tenets of liberalism in international relations. In addition to this, this paper analyzes different branches of liberalisms with a specific reference to commercial liberalism. Lastly, a wide range of theoretical and empirical literature has been reviewed in order to account for the role of commercial liberalism in international political economy.

  • Issue Year: 2013
  • Issue No: 35
  • Page Range: 85-113
  • Page Count: 29
  • Language: Turkish