- About Us
The Institute for Economics and Peace (IEP) is dedicated to promoting a better understanding of the social and economic factors that develop a more peaceful society. It achieves its goals by developing new conceptual frameworks to define peace; providing metrics for measuring peace; and, uncovering the relationship between peace, business and prosperity.
Why Peace Counts
Peace is essential to address the global challenges facing humanity today. Global challenges call for global solutions andthis requires cooperation on a scale unparalleled in human history.
Peace is the prerequisite because without peace we will be unable to achieve the levels of cooperation, inclusiveness and social equity necessary to solve problems such as climate change, global poverty, and the health crisis.
Why Research Economics and Peace
The Institute for Economics and Peace was created to drive the development of new, fact-based thinking on:
- How to measure the state of peace globally, and within nations;
- How to better understand the social, political and economic drivers of peace, globally and within nations;
- How to quantify the economic benefits of peace to demonstrate that violence reduction should be a key part of economic theory and policy.
By measuring the state of peace, we can further our understanding of the social, political and economic factors that help develop more peaceful environments. With an objective, fact-based view of the relative peacefulness of different nations and regions it is possible to enhance our understanding of the types of social, political and economic conditions that are associated with and help develop more peaceful societies.
IEP believes the economic benefits of peace can and should be quantified, and that the policy impetus for peaceful societies will be advanced if civil society, governments, and business leaders understand the significant economic benefits associated with peace.
Recently released IEP publicationsThe Economic Cost of Violence Containment provides a comprehensive assessment of the global cost of violence.
Read more and download the report