Sept. 30, 2014
Why Military Officers Should Study Political Economy
Officers with an economics background, however, know differently; other issues are at play. First, there is the likelihood of the “resource curse,” the contention that states lacking in rule of law and stable institutions are more susceptible to various forms of nonstate violence and have low levels of economic and political development while their elites and institutions are more likely to engage in rentier behavior. Second, development generally is a multigenerational undertaking. The average state takes 40 years to graduate from low-income status to low-middle-income status—a timeline well beyond the interest of most external powers currently involved in Afghanistan, for example.