IEP is dedicated to developing metrics to analyse peace and quantify its economic value. Below we take a look at just some of the research produced over the last year:
The 2018 Economic Value of Peace report showed the global cost of violence is at its highest level on record at $14.8 trillion in 2017, or 12.4% of the global Gross Domestic product. A staggering figure, it is equivalent to $1,988 for every person in the world.
After analysing five major macroeconomic indicators, IEP published that only can peace and economic performance be mutually reinforcing, but that IEP's measures of Positive Peace can signal future levels of peace and macroeconomic outcomes.
This research supports the key finding of the debut Business and Peace report: peace acts as a good predictor of a country's future economic performance. Analysis of the links between business and peace, through the lens of Positive Peace, offers the business community a new way of assessing the risk of investments and identifying the potentially large opportunities that exist in under-examined countries.
In 2019 IEP will continue to research and publish annual reports including the Global Peace Index and the Positive Peace Index, while pioneering innovative research. Further extending from last year's Positive Peace workshops in Tunisia, Uganda and Thailand, IEP will expand the workshops in prevalence and geography in 2019 and beyond.
For more info, please see: https://mailchi.mp/economicsandpeace/january?e=4729bddd3b