about the book

Economic policy during a postwar adjustment toward peace confronts special challenges. Short-term policy must promote not only macroeconomic, but also political stabilization, mobilizing resources and political will for immediate needs such as the reintegration of ex-combatants into civil society and the strengthening of democratic institutions. Long-term policy must aim to achieve not only macroeconomic balance, but also equity, or balance in the distribution of income and wealth; balanced investment in human, natural, and physical capital; and democratization in the broad sense of a more balanced distribution of power. This volume, written by a team of distinguished scholars at the invitation of the United Nations Development Programme, analyzes the tensions between economic policy and peace building in El Salvador and draws lessons for post-conflict transitions elsewhere.

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Praise for economic policy for building peace

“Imperative reading.”

—Necla Tschirgi, Canadian Journal of Development Studies

“Contrary to much of the conventional development literature.... The argument is made convincingly that a more equitable distribution of land, income, and wealth will enhance macroeconomic stability, restructuring of the economy, and long-term growth.”

Choice, magazine of the American Library Association

“Should be on the reading list of all practitioners, policy-makers and policy analysts concerned with rebuilding war-torn societies.”

— Nicole Ball, Disasters