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1 year ago

PEACE

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Quantifying Peace and

Quantifying Peace and its Benefits The Institute for Economics and Peace (IEP) is an independent, non-partisan, non-profit think tank dedicated to shifting the world’s focus to peace as a positive, achievable, and tangible measure of human well-being and progress. IEP achieves its goals by developing new conceptual frameworks to define peacefulness; providing metrics for measuring peace; and uncovering the relationships between business, peace and prosperity as well as promoting a better understanding of the cultural, economic and political factors that create peace. IEP has offices in Sydney, New York, The Hague, Brussels and Mexico City. It works with a wide range of partners internationally and collaborates with intergovernmental organizations on measuring and communicating the economic value of peace. For more information visit www.economicsandpeace.org

CONTENTS EXECUTIVE SUMMARY 2 Key findings 4 Map: Cost of violence, 2015, by country as a percentage of GDP 5 1 CONCEPTUAL BACKGROUND 6 The macroeconomic impact of violence 7 2 RESULTS & TRENDS 9 Methodology at a glance 11 Ten countries most and least economically impacted by violence and conflict 12 Global trends in economic impact of violence and conflict 13 Regional trends in economic impact of violence and conflict 15 Trends in the categories of violence containment 25 3 COMPARISONS OF CONTAINMENT & PREVENTION COSTS TO LOSSES FROM VIOLENCE 32 Optimal security spending 34 Peacekeeping and peacebuilding 39 APPENDICES 40 Appendix A: Methodology 40 Appendix B: Economic impact of violence, summary results 44 ENDNOTES 48

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