How can the concept of economic interdependence result in peace?

The concept of economic interdependence leading to peace is grounded in the idea that when nations are economically connected, they develop mutual benefits that make conflict less appealing. This interconnection creates a framework where cooperation becomes advantageous for all parties involved. For instance, countries that engage in trade and investment are economically tied, so the costs of war would outweigh the benefits, as armed conflict could disrupt trade routes and economic stability.

In an interdependent world, nations are encouraged to work together to sustain and enhance their mutual economic prosperity. This partnership can foster diplomatic dialogue, build trust, and create a vested interest in maintaining peaceful relations. Hence, the incentives for collaboration through economic interdependence serve as a powerful deterrent to conflict, reinforcing the notion that peace can be achieved through shared economic goals.